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

Oparanya challenges Stima SACCO to protect members’ savings

Sacco ReviewOctober 29, 202604 mins

Oparanya has urged Stima Sacco to strengthen financial controls as its asset base expands. The cooperative’s growth ambitions have drawn calls for greater accountability and prudent lending. Digital investment and cybersecurity remain central to plans to improve member services. Cooperatives Cabinet Secretary Wycliffe Oparanya has challenged Stima DT SACCO to strengthen accountability, tighten financial controls…

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….