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

Bandari Sacco Board Chair, Ken Sungu, receiving award for Best Cooperative Movement ,Sacco Stand from President William Ruto at 2025 Mombasa ASK Show.

Bandari DT SACCO posts higher profit as assets and lending grow in 2025

Sacco ReviewMarch 10, 202603 mins

Bandari DT Savings and Credit Cooperative Society Limited has reported improved financial performance for the financial year ended on December 31, 2025, with growth in profit, assets, dividends, and its loan portfolio. According to the latest financial results, the society’s profit for the year rose to Ksh 322 million in 2025, up from Ksh 263…

New Dawn in Lending: Why Kenyans must pay attention to CBK’s revised Risk-Based Credit Pricing Model

Sacco ReviewDecember 1, 202507 mins

When the Central Bank of Kenya (CBK) issues a directive, the financial sector listens. And this week, a critical shift landed squarely on the desks—and mobile phones—of millions of Kenyan borrowers after KCB Bank publicly announced its transition to the Revised Risk-Based Credit Pricing Model (RBCPM), a framework crafted and mandated by the CBK. The…

The perils of lending out money to a friend

Sacco ReviewSeptember 1, 202509 mins

The easiest way to lose a long-time friend is to lend them money. On paper, it may sound like a small act of kindness, the natural thing to do when someone you care about is in need. But in practice, it often marks the beginning of a slow, painful erosion of the bond you thought…

Central Bank of Kenya urged to maintain current lending rates

Sacco ReviewNovember 30, 2023November 30, 202305 mins

The Kenya Bankers Association (KBA) Centre for Research on Financial Markets and Policy has, in a report, recommended that the Central Bank of Kenya (CBK) maintains its current lending rate of 10.5% ahead of the Monetary Policy Committee meeting on December 5, 2023. KBA believes that the current monetary policy stance is reasonable given the…

Saccos poised to benefit as CBK increases bank lending rates

Sacco ReviewJuly 19, 2023July 19, 202304 mins

Savings and Credit Cooperatives (Saccos) and Microfinance institutions are expected to reap big following a move by the Central Bank of Kenya (CBK) to increase banks’ lending rates. CBK Governor Kamau Thugge raised the benchmark lending rates to the highest point in nearly seven years on heightened fear of a spike in consumer prices. The…

How Saccos maintain a delicate balance in the group lending model

Sacco ReviewMay 29, 2023May 29, 202305 mins

By Ben Oroko The group lending model has increasingly become popular among Saccos and Micro-Finance Institutions (MFIs) in recent years. This is largely based on its ability to leverage on joint liability and increased loan repayments while promoting entrepreneurial spirit among borrowers. Group lending methodology is a unique financial service for low income entrepreneurs. To…

Adoption of Risk based lending has increased credit rating uptake

Sacco ReviewNovember 10, 2021November 10, 202103 mins

By Andrew Walyaula waliaulaandrew0@gmail.com Lenders in Kenya have gradually adopted the risk lending based mechanism, a move that has led to the rise of credit rating uptake. The Credit Reference Bureau (CRB) Regulation 2020 mandates lenders to use a customer’s credit score when appraising a credit application. Metropol CRB General Managing Director Sam Omukoko urged…