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

Middle East conflicts put tea, coffee Sacco members at risk

Sacco ReviewSeptember 30, 202603 mins

Middle East conflicts expose tea and coffee Saccos to financial risks Farmers could face pressure on loan repayments and savings Diaspora members may also be affected by job and income disruptions Saccos serving tea and coffee farmers have been warned of possible financial risks arising from conflicts in the Middle East. Disruptions to crop markets…

Sacco guarantor complaints more than quadruple in 2025

Sacco ReviewSeptember 30, 202602 mins

Guarantor-related Sacco complaints surge sharply in 2025 Loan and loan issuance complaints also increase during the year Savings and deposit refund cases remain the largest complaint category Complaints involving Sacco loan guarantors more than quadrupled in 2025, emerging as one of the fastest growing areas of concern among members. According to the 2025 Sacco Supervision…

Sacco deductions to skip employers in Treasury payroll plan

Sacco ReviewSeptember 30, 202605 mins

Treasury plans to redirect Sacco deductions straight to societies Unremitted payroll deductions rise as more members are affected Most outstanding deductions are linked to Sacco loan repayments Kenya is moving to take billions of shillings in workers’ Sacco deductions out of the hands of employers. The payroll overhaul is designed to stop a growing crisis,…

Sacco loans surge to Sh948.7bn as land, housing lead

Sacco ReviewSeptember 29, 2026September 29, 202609 mins

Lending expanded across key areas of member needs Some Saccos recorded faster loan growth than others Loan performance showed signs of improvement during the year The loan portfolio of regulated Savings and Credit Cooperative Societies (SACCOS) expanded by 12.25 per cent to Ksh948.67 billion in 2025, with land and housing emerging as the largest beneficiary…

Sh3.92bn Sacco deductions unremitted, SASRA says

Sacco ReviewSeptember 28, 202603 mins

Thousands of Sacco members were affected by delayed remittance of payroll deductions County governments and assemblies accounted for the largest share of unremitted funds The delays come as regulated Saccos continue expanding their assets and digital services More than 104,000 members of Savings and Credit Co-operative Societies (Saccos) were caught in delayed remittances in 2025…

Sacco sector assets hit Ksh1.278 T by August 2026

Sacco ReviewSeptember 28, 2026September 28, 202605 mins

Regulated Saccos continued to expand their financial footprint in 2026 Members borrowed billions for housing, education and agricultural activities Digital services are widening access as Saccos face challenges over unremitted deductions Kenya’s regulated Saccos grew total assets to Ksh1.278 trillion by August 31, 2026, underscoring their growing role in financial inclusion. The regulated Sacco sector…

Trade credit from Saccos surges as wholesale leads growth

Sacco ReviewSeptember 10, 202604 mins

Trade lending by Saccos rises to Ksh19.03 billion Wholesale and retail loans jump 33% to Ksh13.25 billion Hospitality lending falls as foreign trade credit grows Kenya’s small traders and wholesalers found more room to borrow from Saccos this year, with trade sector lending climbing sharply as wholesale and retail businesses pulled in the lion’s share…

Land, housing top Sacco lending in first half of 2026

Sacco ReviewSeptember 9, 202603 mins

Land and housing received the largest share of Sacco loans in H1 2026. Education and agriculture followed as major borrowing categories. Sacco credit continues to support members’ investment and household needs. A good number of Kenyans used loans from savings and credit cooperatives to buy land and secure home ownership during the first half of…

Sacco sector assets hit Sh1.25 trillion in Q2 2026

Sacco ReviewSeptember 7, 2026September 7, 202606 mins

Sacco sector assets rise to Ksh1.25 trillion Deposits and loans continue to expand Stronger reserves boost the sector’s capital base Kenya’s regulated Saccos closed the second quarter of 2026 with total assets of Ksh1.25 trillion, a 12.64% rise from June 2025, according to the latest report by the SACCO Societies Regulatory Authority (SASRA). The growth,…

Metropolitan Sacco faces collapse after fresh insolvency inquiry

Sacco ReviewAugust 21, 202603 mins

Metropolitan Sacco faces possible winding up after a fresh inquiry found continued financial distress. Authorities are weighing three options as members seek access to their savings. Nearly all of the Sacco’s loan book was reportedly in default, deepening concerns over its survival. The government is considering winding up Metropolitan Sacco after a fresh inquiry found…