Wakenya Pamoja CEO Isaack Omwenga at his office
Why collaterals are gaining popularity over unsecured loans
As competition stiffens from commercial banks, majority of Savings and Credit Cooperative Societies (Saccos) are making clever moves to accept personal security such as title deeds and log books in place of the traditional guarantors for loans. In recent years, a significant number of Saccos across the country have reportedly been giving members the option…
