Why SACCOs are yet to fully embrace Credit Information Sharing

Ms. Ndegwa, in an interview with SACCO Review, said that the use of credit scoring as an assessment tool when considering whether to give a loan product to a SACCO member is already happening, particularly where SACCOs are offering mobile loans. “Members apply for mobile loans on online platforms using the mobile app and the…

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Paul Mutai, Chairman Supervisory Committee of Ndege Chai Sacco. Photo: Benedict Ngetich

Ndege Chai Sacco targets youth recruitment for sustainability

Ndege Chai Sacco has doubled marketing efforts to attract more youthful members to the society. The Chairman Supervisory Paul K.Mutai told delegates that there was need to focus marketing efforts towards the younger generation to ensure sustainability of the Sacco adding, “as the economy improves opening up opportunities for employment and business for the youth,…

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Madison Sacco registers with CRB

By Staff Reporter Madison Co-operative Sacco has registered with Credit Reference Bureau. Thus, members who have not paid their loans for the past 90 days will be listed as provided in the Finance Act 2016. Through a notice in one of the local dailies dated February 16, the society requests those with non-performing loans to…

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