3rd Co-operative Movement Stakeholders’ Annual Conference and the 8th The Co-operative University of Kenya Annual Scientific Conference 2025 kicks off at Sawela Lodge, Naivasha. Photo Courtesy

SACCO usage rises from 9.6% in 2021 to 11.7% in 2024, FinAccess Surveys

SACCO membership and usage in Kenya continue to grow, with the latest 2024 FinAccess Household Survey (SACCO Sub-Sector Report) showing an increase from 9.6 percent in 2021 to 11.7 percent in 2024. The growth is attributed to more households joining SACCOs that offered relatively affordable loans during the high-interest-rate period. The FinAccess Surveys also highlighted…

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