Kenya SACCOs - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

ACK Imani Talent Sacco takes financial literacy to Subukia groups

Sacco ReviewSeptember 18, 2026September 18, 202602 mins

CK Imani Talent Sacco takes financial literacy to Subukia groups Members receive guidance on savings and responsible borrowing Outreach promotes financial inclusion among community groups ACK Imani Talent Sacco has taken its financial literacy programme to social groups in Subukia, focusing on savings, responsible borrowing and financial inclusion. The Sacco held the training at ACK…

Land, housing top Sacco lending in first half of 2026

Sacco ReviewSeptember 9, 202603 mins

Land and housing received the largest share of Sacco loans in H1 2026. Education and agriculture followed as major borrowing categories. Sacco credit continues to support members’ investment and household needs. A good number of Kenyans used loans from savings and credit cooperatives to buy land and secure home ownership during the first half of…

Kenversity Sacco raises fixed deposit rates for members

Sacco ReviewSeptember 9, 202604 mins

Kenversity Sacco raises fixed deposit rates across seven savings brackets. Members can earn up to 10.7% on deposits of Ksh10 million or more. Higher returns apply to larger deposits and longer investment periods. Kenversity Co-operative Savings and Credit Society Limited has revised its fixed deposit rates, with the new figures taking effect from September 2026….

Waumini Sacco mourns internal audit manager

Sacco ReviewSeptember 7, 2026September 7, 202601 mins

Waumini Sacco Society is mourning the death of its Internal Audit Manager, David Kamau Mwangi, who died on September 5, 2026, at Coptic Hospital after battling an illness. Mwangi served the Sacco for five years, a tenure the organisation says was marked by dedication and professionalism. In a statement, the Sacco said his leadership and…

Muki Sacco marks Mlolongo branch’s first anniversary

Sacco ReviewSeptember 1, 202602 mins

Muki Sacco’s Mlolongo Branch has marked its first anniversary, celebrating a year of serving members in the fast-growing area. The milestone highlights the Sacco’s continued expansion as it seeks to bring savings, credit and other financial services closer to members. Since opening its doors, the branch has focused on growing its membership while supporting members…

Where did KUSCCO’s Sh17bn go? Saccos face gap

Sacco ReviewSeptember 1, 2026September 5, 202603 mins

Saccos face potential losses as KUSCCO’s liabilities far exceed recoverable assets. Millions held by individual Saccos could be at risk as liquidation begins. The recovery process will determine how much money creditors get back. Savings and Credit Co-operative Society (SACCO) members could feel the financial fallout from KUSCCO’s collapse after the organisation was placed under…

KUSCCO officially liquidated through Gazette Notice

Sacco ReviewSeptember 1, 2026September 1, 202604 mins

KUSCCO has officially been placed under liquidation. The union faces a Ksh11.6 billion financial deficit. Three officials will oversee the liquidation. KUSCCO has been placed under liquidation via Gazette Notice No. 13997, after members resolved to dissolve the union amid a Ksh 11.6 billion deficit. The Kenya Union of Savings and Credit Co-operative Societies (KUSCCO)…

Sacco liquidity plans stall as Cooperatives Bill delays persist

Sacco ReviewAugust 27, 202606 mins

Saccos await legal reforms that could unlock shared liquidity and cheque clearing access. Delays in the Cooperatives Bill are slowing efforts to strengthen governance and competition. Industry leaders say a unified payments and lending platform could boost deposits, loans and membership. Saccos offering Front Office Service Activity (FOSA) are losing ground to rival lenders. Parliament…

IG SACCO to close branches early on Saturday for system maintenance

Sacco ReviewAugust 27, 202602 mins

IG SACCO will close its branches early on Saturday for scheduled system maintenance. Branches will close at 11am, while the Head Office will remain open until 12.30pm. Members can continue accessing services through the SACCO’s digital channels during the maintenance period. IG SACCO will temporarily scale down its physical branch operations on Saturday, August 29,…

Why many Saccos have cut, skipped dividend payouts

Sacco ReviewJuly 20, 202606 mins

247 Saccos cut or skipped dividends after regulators directed them to retain earnings and strengthen capital reserves. The move aims to improve liquidity, protect members’ savings and support affordable lending despite strong sector growth. Regulated Saccos grew assets to Ksh727.1 billion, while the wider sector’s assets surpassed Ksh1.2 trillion in 2025. Kenya’s Savings and Credit…