low-interest loans - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Saccos warned against chasing dividends at expense of cheap loans

Sacco ReviewJuly 10, 202608 mins

Managements of Savings and Credit Cooperative Societies (SACCOS) have been warned against an over-obsession with huge end-of-year dividends at the expense of their core mandate of issuing low-interest loans to members. Symon Mburia, the Assistant Commissioner for Cooperatives Development, director at the Hustler Fund, and a leading authority in the cooperative movement, challenged Saccos to…

Stima Sacco announces job vacancy for Insurance Manager

Sacco ReviewMay 21, 202405 mins

Stima DT Sacco Society Limited is seeking to hire a new Insurance Manager. It seeks a qualified professional with strategic orientation and strong sense of professionalism. Once hired, the Insurance Manager will have a vital role to play in spearheading change and enhancing member experience through innovative solutions. The successful candidate will manage Mpawa Insurance…