Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Ports Sacco financing has supported the upgrade of Isegeretoto Hospital in Teso North, Busia County, improving access to healthcare services. The project highlights how affordable Sacco credit can support community infrastructure and long term social development. Ports Sacco said its loans and development financing enable members to invest in projects that deliver lasting economic and…
Ports Sacco opens Malaba branch to expand financial services and promote a savings culture in Busia County. Branch attracts 800 members shortly after launch, with leaders targeting 5,000 as cooperative savings gain traction. Sacco surpasses Ksh12bn in assets and offers loans, competitive dividends and insurance to support members’ financial growth Teso North Member of Parliament…
Kenya’s Savings and Credit Cooperative Societies (SACCOs) remain one of the most trusted institutions for teachers, civil servants, and professionals to grow their savings. Beyond offering convenient loan products and secure savings accounts, SACCOs reward members through dividends on share capital and interest on deposits. For teachers, who often depend on structured incomes and disciplined…
Ports SACCO recorded a higher profit for the year ended December 31, 2025, posting Ksh455.3 million, up from Ksh444.2 million in 2024, according to audited financial statements. The SACCO’s total assets rose to Ksh12.3 billion from Ksh10.5 billion, while loans and advances increased to Ksh8 billion from Ksh7 billion. Members’ deposits also grew to Ksh7.1…
Ports Sacco, formerly Mombasa Port Sacco, has opened a new branch in Nairobi at the Inland Container Depot (ICD) in Embakasi as it targets to reach more customers. The microfinance institution has plans to expand to all the 47 counties in Kenya as part of its commitment to resolve and adapt to meeting the changing…
Ports Sacco has rebranded from Mombasa Port Sacco as part of its strategic growth plan to empower members, drive financial inclusion and expand its national footprint. Sacco Chief Executive Officer Dedan Ondieki said the rebrand is part of the Sacco’s expansion beyond Mombasa is part of its strategy to be diverse and inclusive as it…
