Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Malachi Motano Savings and credit cooperative societies (Saccos) can now make owning home a reality to their members thanks to a structured financing of affordable houses product by Kenya Mortgage Refinance Company (KMRC) which ensures there is alignment between rents and mortgage take up. “We needed to focus on Saccos because there is greater…
By Roy Hezron Stima and Tower Saccos are among the first four Primary Mortgage Lenders (PMLs) to benefit from the Sh2.75 billion Kenya Mortgage Refinancing Company (KMRC) kitty. The disbursement done on 17th December 2020 saw Nyandarua based Tower Sacco which is a get Sh29 million while Stima Sacco got Sh69 Million. The two Saccos…
