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Sakaja appeals to SACCOs and banks for loan amnesty to ease debt burden on Kenyans

Sacco ReviewMay 20, 202603 mins

Nairobi Governor Johnson Sakaja has urged SACCOs and banks to grant loan amnesty to Kenyans struggling with repayments, warning that mounting debts are pushing families and businesses to the edge amid a worsening economic crisis. Speaking on May 19 after brokering a deal between matatu operators and the government that ended a transport standoff, Sakaja…

The Do’s and Don’ts in playing guarantor in SACCO loans

Sacco ReviewJanuary 10, 2026011 mins

Listen up, SACCO members: If you’re about to slap your signature on a loan guarantee form for a colleague or another member, pausing. Take a deep breath. Then shred that thing unless you’ve done your homework. In the cutthroat world of cooperative lending, guaranteeing a loan isn’t some noble act of camaraderie—it’s a financial landmine…