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

Treasury dismisses claims of borrowing KShs 1 trillion from SACCO savings for Infrastructure Fund

Sacco ReviewJuly 7, 202604 mins

Kenyans have been urged to verify any claims about the SACCO reforms through official government communication before sharing them further PS Kilemi reaffirmed that SACCO funds remain the property of their respective societies and are managed exclusively by elected officials The National Treasury has dismissed as false and malicious claims circulating on social media alleging…

SASRA data shows majority of SACCO members hold less than KSh100,000 in deposits

Sacco ReviewJuly 2, 2026July 2, 202605 mins

SASRA data shows that nearly 92% of SACCO members hold balances of KSh100,000 or less, with 89% below KSh50,000, highlighting the small‑scale nature of savings among millions of Kenyans. Proposed amendments to the Sacco Societies Act aim to operationalize a KSh100,000 compensation ceiling, modernize SACCOs through shared technology services, and establish a central liquidity framework…

Why protecting Sacco deposits is paramount

Sacco ReviewMarch 10, 202607 mins

Losing money by dropping it carelessly while taking a leisurely walk is a painful thing. But losing money that you have been agonizingly saving in a Savings and Credit Cooperative Societies (Saccos) for years is a life-changing event that can sink you into penury for the rest of your life. That is why protecting Sacco…