Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Shirika DT Sacco Society Limited has continued to position itself as a key player in providing accessible and affordable credit, offering some of the most competitive loan products in the SACCO sector. The cooperative is recognized for its low interest rates, minimal processing fees, and flexible repayment periods, making it an attractive option for members…
Kenya Union of Savings and Credit Cooperatives (KUSCCO) led by Group Managing Director Arnold Munene, has appeared before the National Treasury to advocate for the interests of the SACCO sector as part of the 2026/2027 National Budget preparations. In a significant move for Kenya’s SACCO movement, KUSCCO delivered submissions at the National Treasury Building in…
A high-level Committee of Experts has warned that serious governance, regulatory and structural weaknesses are threatening the stability of Kenya’s Savings and Credit Co-operatives (SACCOs) sector, calling for sweeping reforms to protect members’ savings and restore confidence in the cooperative movement. The concerns are contained in the Report on the Transformation of the SACCO System…
The Principal Secretary (PS) for the State Department for Cooperatives Patrick Kilemi who led a high-powered African delegation at the 2026 Governmental Affairs Conference (GAC 2026), has continued to seek the United State of America USA alliances with credit union leaders to broker reforms that could redefine Kenya’s savings and Credit Cooperative Organizations (SACCOs). Addressing…
Cabinet Secretary for Cooperatives and MSMEs Wycliffe Ambetsa Oparanya has warned that there is “no room for weak governance” in Kenya’s SACCO sector as rapid membership growth and rising loan demand increase the responsibility placed on cooperative institutions. Oparanya spoke in Mombasa during the 2026 Annual Delegates Congress (ADC) training for the Kenya National Police…
The SACCO sector is recording strong growth, but the expansion is increasingly being driven by aggressive lending rather than fresh savings, even as bad loans remain stubbornly high. New data from the sector show that while assets and credit are rising at a double‑digit pace, the quality and structure of that growth are tightening pressure…
