financial growth – Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

When SACCOs lose their soul: Mismanagement, family control, no dividends, and the illusion of opulence

Sacco ReviewApril 28, 2026010 mins

SACCOs (Savings and Credit Cooperative Organisations) are founded on a simple promise—members pool savings, trust leadership, and share in financial growth through affordable credit and annual dividends. In their ideal form, SACCOs represent discipline, transparency, and collective progress. But when governance weakens, and accountability fades, that promise can slowly transform into mismanagement, inequality, and eventually…

Kimisitu DT SACCO reports strong financial growth with assets up to Ksh12.8 billion

Sacco ReviewMarch 5, 202603 mins

One of Kenya’s leading savings and credit cooperatives, Kimisitu DT SACCO, has reported strong financial performance and growth according to its latest statement of financial position. The SACCO’s total assets rose from Ksh12.0 billion in 2024 to Ksh 12.8 billion in financial year ended 31st 2025, reflecting steady expansion in its financial base and member…

Stima Sacco celebrates 50 years of changing lives

Sacco ReviewJuly 5, 2024July 5, 202404 mins

“Stima Sacco was established in 1974. It started with the goal of providing financial services to employees in the energy sector in the country,” says Stima Sacco CEO Gamaliel Hassan in a recent interview with one of the media house. “At the beginning, it aimed to provide savings and credit services to its members to…