Mwalimu National - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Mwalimu National Sacco Nyahururu Branch. Photo/ File

Why Saccos lead banks in land and housing financing in Kenya

Sacco ReviewApril 14, 202607 mins

Savings and Credit Cooperative Societies (Saccos) continue to offer a viable, more affordable, alternative to commercial banks for land and housing financing in the country. Data from Sacco Societies Regulatory Authority (Sasra) Regulated Saccos shows they cumulatively disbursed over Ksh125 billion in credit for land and housing during 2025, with most of the loans being…

Mwalimu National Sacco, KMRC partner to unveil cheap mortgage loan facilities

Sacco ReviewMay 18, 2023May 18, 202307 mins

Mwalimu National Sacco in partnership with Kenya Mortgage Refinancing Company (KMRC) has unveiled low mortgage loan facilities to give affordable housing to members. The Sacco, which is Africa’s largest Sacco by assets, unveiled the affordable housing loan products at Mwalimu National Towers in Upper hill in a colourful event graced by Simon Chelugui, Cabinet Secretary…

PS says Sacco fund to protect depositors underway

Sacco ReviewAugust 9, 2021August 9, 202106 mins

By Malachi Motano The government is in the process of implementing the Savings and credit co-operative societies (Saccos) deposit guarantee fund to insulate depositors from unforeseen eventualities. “We are finalising the National Cooperative Policy that will allow the creation of the Sacco Deposit Guarantee Fund (SDGF), a scheme which will provide protection to Sacco deposits….