Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Listen up, SACCO members: If you’re about to slap your signature on a loan guarantee form for a colleague or another member, pausing. Take a deep breath. Then shred that thing unless you’ve done your homework. In the cutthroat world of cooperative lending, guaranteeing a loan isn’t some noble act of camaraderie—it’s a financial landmine…
The power of authentic Arimis lies not in clever advertising, glossy rebranding or influencer hype, but in an honest story of usefulness. Arimis milking jelly was never designed for cosmetic shelves or beauty routines. It was made for cows. Specifically, it was formulated to soften and protect the teats of dairy cows during milking, preventing…
Complacency is not loud. It does not announce its arrival with crisis or catastrophe. It creeps in quietly, disguised as success, comfort, and routine. For Saccos, complacency is especially dangerous because it often hides behind impressive numbers, glowing awards, and years of hard-won trust. Yet history is unforgiving: organizations rarely collapse because they failed once;…
In the heart of our communities, where families save for school fees, businesses borrow to grow, and neighbours pool resources for a better tomorrow, Savings and Credit Cooperatives (SACCOs) stand as pillars of financial hope. Yet, too often, the voices of those who live and breathe these realities are drowned out by top-down policies and…
In September 2025, the Kenyan government dropped a regulatory bombshell on the cooperative sector: small Savings and Credit Cooperatives (Saccos) with assets under Sh100 million must merge with larger entities or face dissolution. This directive, ostensibly aimed at bolstering financial stability and operational resilience in a sector plagued by inefficiencies and vulnerabilities, has ignited a…
Listen up, SACCO members: If you’re about to slap your signature on a loan guarantee form for a colleague or another member, pause. Take a deep breath. Then shred that thing unless you’ve done your homework. In the cutthroat world of cooperative lending, guaranteeing a loan isn’t some noble act of camaraderie-it’s a financial landmine…
Ignoring the plight of Kenyans who toil in cruel conditions overseas while simultaneously celebrating the billions they send back home is one of the starkest contradictions of our time. It is an act of national hypocrisy that borders on modern-day slavery, sustained by silence, convenience and the desperate economic realities that push thousands to seek…
In a world where time is the new currency, Virtual Assistants (VAs) are helping leaders, entrepreneurs, and professionals get more done—smarter, faster, and more efficiently. As Kenya’s digital economy surges, projected to contribute 9.24% to GDP by 2025, SACCOs—those vital cooperatives serving over 6 million members with assets topping KSh1.5 trillion—stand at a crossroads. In…
In the bustling world of finance, where banks chase profits and fintechs disrupt with algorithms, Savings and Credit Cooperative Organisations (SACCO) stand as beacons of community-driven empowerment. As someone who’s long admired the grassroots ethos of SACCOs—rooted in mutual aid and shared prosperity—I’ve often pondered how these member-owned entities could evolve beyond mere savings clubs…
When the Central Bank of Kenya (CBK) issues a directive, the financial sector listens. And this week, a critical shift landed squarely on the desks—and mobile phones—of millions of Kenyan borrowers after KCB Bank publicly announced its transition to the Revised Risk-Based Credit Pricing Model (RBCPM), a framework crafted and mandated by the CBK. The…
