Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development Cabinet Secretary Wycliffe Oparanya.- PHOTO| Courtesy

Half a million Kenyans join Saccos, membership hits 7.875 million

Nearly half a million new members joined regulated Saccos during the year Growing deposits and loans reflect rising demand for Sacco financial services Member protection and trust remain key as the sector expands rapidly Nearly half a million Kenyans joined regulated savings and credit co-operative societies (SACCOs) in 2025, pushing total membership to 7.875 million…

Read More
SASRA Chief Executive Officer David Sandagi speaks during a past event.- PHOTO| Courtesy

Sacco sector assets hit Ksh1.278 T by August 2026

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…

Read More
Don`t copy text!