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Daima Sacco annual members’ education forum

Daima Sacco trains members on financial literacy

Sacco ReviewApril 29, 202603 mins

Daima Sacco Society Limited has intensified efforts to promote financial literacy among its members, with a strong focus on empowering young people to build secure financial futures. The recent annual members’ education session attracted significant engagement, with over 70 percent of participants drawn from the youth demographic. The session centered on practical approaches to saving…

IG SACCO cracks down on loan defaulters as members seek relief

Sacco ReviewMarch 23, 2026March 23, 202604 mins

Kakamega based Invest & Grow (IG) Sacco’s intensified loan recovery measures are starting to bite, with some members feeling the heat as the cooperative pushes for timely repayments. In a statement released recently, the Sacco said its proactive loan processing and recovery strategy is yielding results, signaling a tougher stance on members who default. The…

Cooperatives urged to expand credit provision to members to enhance capital retention

Sacco ReviewNovember 19, 202507 mins

Cooperatives have been asked to expand credit provision to members and fast-track strategies to enhance capital retention to enable them be productive. Director-In-Charge of the Cooperative Banking Division at the Cooperative Bank of Kenya, Vincent Marangu said the loan provision to members in the Sacco subsector currently stands at between 10 per cent and 11…

IG Sacco to hold online induction session for new members in November

Sacco ReviewOctober 28, 2025October 28, 202504 mins

Invest and Grow, IG Sacco in Kakamega County has announced that it will hold an online induction session for new members on Tuesday, November 4, 2025, beginning at 11:00 a.m. The session, which will be conducted via Zoom, will bring together members who joined the Sacco from April 1, 2025, to date, as part of…

The importance of free access to information among sacco members

Sacco ReviewOctober 13, 2025011 mins

Do you have an elaborate flow of information in your Sacco? And to what extent do your members access the necessary information about their Sacco. In the 21st century people want to be informed about everything about their savings, credit performance, investment and any other thing that affect their lives. It would be prudent to…

Why Education for members is key to co-operatives transformation

Sacco ReviewOctober 11, 2025October 11, 202509 mins

In discharging their mandate in line with the fifth co-operatives principle as published by the International Co-operative Alliance, co-operative institutions all over the world take the initiative of providing education and training for their members, elected representatives, managers and employees to enhance their capacity to effectively contribute to the development of their co-operative organizations. That…

Metropolitan SACCO hit hard as cooperatives tribunal awards 36 refund claims to exiting members

Sacco ReviewSeptember 17, 202504 mins

Metropolitan Savings and Credit Cooperative Society (SACCO), has been once again hit hard after the Cooperatives Tribunal awards 36 refund claims sought by members seeking to withdraw membership. According to the Tribunal registry the claims were awarded between February and July this years and they are running into millions. In one such case filed against…

Kwale Cooperative societies urged to adopt ICT to enhance service delivery to members

Sacco ReviewJuly 1, 202504 mins

Cooperative Societies in Kwale County have been urged to adopt Information Communication Technology (ICT) in a bid to enhance efficiency in service delivery to members. Speaking to Sacco Review from Kwale town recently, Kwale County Cooperative director, Mohammed Mkanga revealed that the trend is the fastest way of serving members in the Cooperative movement. He…

Hazina Sacco members told to focus on affordable loans

Sacco ReviewFebruary 26, 2024February 26, 202402 mins

Commissioner for Co-operative Development David Obonyo has challenged Savings and Credit Cooperative Organizations (Saccos) members to focus on getting affordable loans from their Saccos rather than high dividends. Speaking during the recently concluded Hazina DT Sacco Annual Delegates Meetings (ADMs) in Nairobi, he asked members to have long term investments through the Saccos, since co-operative…

ACK Imani Talent Sacco embarks on rigorous member recruitment drive

Sacco ReviewDecember 4, 2023December 4, 202302 mins

ACK Imani Talent Sacco has embarked on a rigorous member recruitment drive to boost its capital base. Every Sunday, the church-based Sacco, which was ranked the third best Sacco in Nakuru County during this year’s Ushirika Day celebrations, sends its marketers for member recruitment campaigns in various ACK churches within Nakuru diocese. Recently, the Sacco’s…