Farmer checks on her coffee berries in the farm. PHOTO| File

Farmers’ Saccos face highest bad loans as bad weather bites

Agriculture Saccos record the highest bad loan ratio in the sector Erratic weather continues to weigh on farmers’ loan repayments Agriculture Saccos serve the largest membership despite a smaller asset base Agriculture-based Saccos posted the highest bad loan ratio at 14.01 percent in 2025, the Sacco Societies Regulatory Authority (SASRA) reports. The finding comes from…

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Family Bank CEO Nancy Njau at a past event.

Family Bank posts KSh910.5 million profit in first quarter

Family Bank has recorded a 25 per cent growth in net profit to KSh910.5 million. This is a growth from the KSh685.3 million in the first quarter of 2023. It has also reported a profit before tax increase growth of KSh1.3 billion, a growth of 24.3 per cent as compared to the same period last…

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Digital evolution in Saccos must reflect customer experiences

By David Kipkorir The coronavirus pandemic has induced a shift in cooperatives’ needs that will disrupt the movement ecosystem. As the world grapples with the pandemic, Savings and Credit Co-operative Society (Saccos) businesses have to reposition themselves to align with the demands of the “new normal”. Prioritizing good governance, digitizing Saccos, and maintaining excellent and…

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