Daniel Marete, Immediate Former CEO, Solution Sacco/photo courtesy
SACCOs still remains development haven to many despite Bank’s efforts to harmonize loan policies
A move by commercial banks to cut their lending rates after intense pressure from monetary authorities, is attracting the attention of many financial services users. Do these latest cuts in the price of bank loans pose any threat to SACCOs, considered a serious player in the lending business and Kenya’s financial sector? “This trend to lower…
