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

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…