Murang'a - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Resilient growth of Mentor Sacco, from humble beginning to Tier 1 Sacco

Sacco ReviewJuly 14, 202608 mins

Mentor Sacco has grown into a Tier 1 Sacco with over Ksh18.47 billion in assets. Members earned a 15% dividend and 12.5% interest on deposits in 2025. The Sacco is expanding through digital services, new products and membership growth As Kenya joined the rest of the world in celebrating the International Day for Co-operatives on…

Amica Sacco receives Ksh300M to boost agriculture, MSMEs

Sacco ReviewAugust 30, 2024August 30, 202404 mins

Kenya Development Corporation (KDC) has lent Ksh300 million in low-cost credit to Murang’a-based Amica Sacco for lending to farmers and micro-traders. The Sacco, which primarily serves farmers and small businesses, will provide loans ranging from Ksh7,000 to Ksh250,000 at a single-digit interest rate to meet working capital needs. The loans are funded by the Ksh8…

Murang’a County sets aside Ksh10.5 million to support youth businesses

Sacco ReviewAugust 9, 2024August 9, 202402 mins

Murang’a County Government will disburse a total of Ksh10.5 million to youth who recently underwent Murang’a Youth Service (MYS) programme as start-up capital for various businesses. In the programme initiated by Governor Irungu Kang’ata to create self-employment for the youth, the first cohort of 700 youths graduated under the programme recently, with each graduate given…