affordable credit - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Hustler Fund faces KSh5 billion liquidity crunch as thousands of borrowers are locked out

Sacco ReviewMay 22, 202603 mins

Hustler Fund is grappling with a severe liquidity crisis that has left thousands of borrowers unable to access credit, raising fresh questions about the sustainability of the government’s financial inclusion programme. Appearing before the Parliamentary Committee on Trade, Industry and Investment, officials from the State Department for MSMEs disclosed that the fund requires an immediate…

Government moves to cushion small traders and MSMEs from rising business costs

Sacco ReviewMay 18, 202603 mins

The government has unveiled a series of interventions aimed at easing the financial strain on small‑scale traders and Micro, Small and Medium Enterprises (MSMEs) struggling with the rising cost of doing business. Appearing before the Senate Plenary, Cabinet Secretary for Co‑operatives and MSME Development Wycliffe Oparanya outlined ongoing programmes designed to provide affordable financing, expand…

Mwalimu National Sacco signs MoU with KNCCI to extend affordable credit to SMEs, informal sector

Sacco ReviewMay 14, 2026May 14, 202606 mins

Mwalimu National Deposit Taking Savings and Credit Co-operative Organisation (DT Sacco) has signed a Memorandum of Understanding (MOU) with the Kenya National Chamber of Commerce and Industry (KNCCI) to bring affordable credit to small traders and entrepreneurs long trapped in a cycle of expensive digital loans and shylocks. a move that signals a significant shift…

When SACCOs lose their soul: Mismanagement, family control, no dividends, and the illusion of opulence

Sacco ReviewApril 28, 2026010 mins

SACCOs (Savings and Credit Cooperative Organisations) are founded on a simple promise—members pool savings, trust leadership, and share in financial growth through affordable credit and annual dividends. In their ideal form, SACCOs represent discipline, transparency, and collective progress. But when governance weakens, and accountability fades, that promise can slowly transform into mismanagement, inequality, and eventually…