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

Why collaterals are gaining popularity over unsecured loans

Sacco ReviewOctober 14, 202407 mins

As competition stiffens from commercial banks, majority of Savings and Credit Cooperative Societies (Saccos) are making clever moves to accept personal security such as title deeds and log books in place of the traditional guarantors for loans. In recent years, a significant number of Saccos across the country have reportedly been giving members the option…

Untapped investment opportunities for Saccos in counties

Sacco ReviewAugust 10, 2021August 10, 2021010 mins

By Sammy Chivanga Savings and Credit Cooperative Societies (Saccos) are increasingly winning county government staff into the cooperative movement but are dragging their feet on investing in multiple sectors at grassroots level in order to deepen their relevance in the economy. The lack of properly structured internal policies for making targeting investments is standing in…