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

Saccos to adopt AI loan system to boost MSME credit access

Sacco ReviewSeptember 15, 202603 mins

Saccos are exploring technology to widen MSME credit access A new approach could change how small businesses qualify for loans Government and private sector players are looking at smarter lending models Kenya’s State Department for Cooperatives is exploring new tech and lending models to help Saccos boost MSME credit access. PS Patrick Kilemi held talks…

EBC warns Kenya’s Ksh995.7B domestic borrowing plan could tighten credit for small businesses

Sacco ReviewJuly 27, 202607 mins

EBC warns Kenya’s Ksh 995.7 billion domestic borrowing plan could push banks towards government securities, tightening credit terms for small businesses. The brokerage says increased demand for government debt may lead to stricter collateral requirements, shorter repayment periods and reduced lending flexibility for MSMEs. Despite private sector credit growth, EBC cautions that smaller businesses may…

Kirinyaga disburses KSh20 Million credit boost to 20 ward-based SACCOs

Sacco ReviewJuly 7, 2026July 7, 202603 mins

The Kirinyaga County Government has disbursed KSh 20 million to 20 ward-based Savings and Credit Cooperative Societies (SACCOs), in a move aimed at opening up affordable credit access for more than 9,300 farmers across the county. According to Kirinyaga County governor, Anne Waiguru, each of the county’s 20 wards received KSh 1 million under the…

President Ruto urges banks to boost MSME lending

Sacco ReviewJune 28, 202604 mins

President William Ruto has called on commercial banks to expand credit access for micro, small, and medium enterprises (MSMEs), warning that limited financing continues to stifle growth in one of Kenya’s most vital economic sectors. Speaking at the World MSME Day celebrations held at the Kenyatta International Convention Centre (KICC) in Nairobi, the President emphasized…