Universal Traders Sacco Chair Fredrick Ngumbi during UTS Member Education Day in Tala, Machakos County. Photo Obegi Malack

Women asked to seek leadership positions in Saccos

Universal Traders Sacco Chair Fredrick Ngumbi has called on women to vie for positions in Saccos in the country. The chair who was speaking during UTS Member Education Day in Tala, Machakos County noted that apart from joining Saccos as members women should be in the frontline in vying for positions. He said Universal Traders…

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Kenya Bankers Sacco youth members from Nyanza.

Resurgence of digital lenders giving traditional Saccos a headstart

The resurgence of digital lenders is giving Saccos a headstart as it poses a significant challenge to attract and retain the younger generations; Millennials and Generation Z. It is particularly made more difficult by their overall predisposition since many of them still operate in a traditional manual style at their physical branches. A 2022 SASRA…

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Gen Z strategies

Saccos urged to consider Gen Z’s preferences in their strategies

Saccos have been advised to adapt their strategies to cater to the preferences of Generation Z (Gen-Z) – referring to individuals born between 1996 and 2010 – by implementing advanced and interactive technology. Speaking during a Customer Breakfast Forum themed ‘Saccos and Gen-Z’ hosted by NCBA Bank, Cabinet Secretary (CS) for Co-operatives and MSMEs Development,…

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