Kenya’s financial sector is set for a significant transformation as regulators introduce a framework aimed at reshaping how banks, fintech firms, and SACCOs assess and issue loans.

Kenya tightens lending rules in sweeping credit sector overhaul

Kenya’s financial sector is set for a significant transformation as regulators introduce a framework aimed at reshaping how banks, fintech firms, and Savings and Credit Cooperatives (SACCOs) assess and issue loans. The proposed reforms seek to tighten lending standards, curb rising household debt, and introduce structured support mechanisms for borrowers struggling with repayments. Shift in…

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Why income from SACCO non-core activities should not be taxed

A Professional Perspective from the Cooperative Movement Savings and Credit Cooperative Societies (SACCOs) have long been recognised as vital pillars in Kenya’s financial ecosystem. This is true to date. Under the Bottom-Up Economic Transformation Agenda (BETA), SACCOs are not merely financial intermediaries but grassroots economic engines that mobilise savings, deepen financial inclusion, and empower millions…

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Stima Sacco National Chairman Dr. (Eng.) Joseph Siror alongside CEO Dr. Gamaliel Hassan, PhD following proceedings during

Stima SACCO assets hit Ksh75.3 Billion, post Ksh10.8 Billion revenue  

Kenya’s second largest Savings and Credit Co-operative (SACCO) and second-largest in Africa in asset base, Stima DT SACCO Society Limited, posted impressive financial results for the year ending December 31, 2025 after it recorded an increase in revenue by 4.9% from Ksh10.3 billion in 2024 to Ksh10.8 billion in 2025, even as its total assets…

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SACCO leaders during a meeting.
SACCO leaders during a meeting. Photo Courtesy

KUSCCO to host 8th Eastern regional bloc SACCO stakeholders’ forum in Mombasa

Kenya Union of Savings and Credit Co-operatives (KUSCCO) in collaboration with African Confederation of Co-operative Savings and Credit Associations (ACCOSCA), is set to host the 8th Eastern Regional Bloc Forum, a key event for SACCO stakeholders in the region. The forum, which is scheduled to take place from April 15th to 17th, 2026, at the…

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Liquidation, the formal process of closing an institution and selling off its assets to settle debts, is increasingly becoming a harsh reality for some cooperatives and businesses.

Liquidation: The silent destroyer of Cooperative dreams

For many Kenyans, especially in rural and peri-urban areas, cooperative societies are more than just financial institutions—they are lifelines. They represent hope, collective strength, and a pathway to economic empowerment. Yet, when liquidation strikes, it often leaves behind a trail of broken dreams, financial loss, and shattered trust. Liquidation, the formal process of closing an…

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Saccos in Kenya
SACCOs in Kenya. Experts have recommended deposit insurance to protect members funds

Why experts recommend deposit insurance to protect Sacco members billions

For millions of Kenyans, Savings and Credit Cooperative Organisations (SACCOs) are trusted financial lifelines workforce borrow loans and plan their futures. Loans from SACCOs usually have lower interest rates than banks, mobile lenders, or microfinance institution. According to the Sacco Societies Regulatory Authority (SASRA) gross loans across the industry increased to Ksh 948.31 billion in…

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One of the branches of Mwalimi DT-Sacco.
One of the branches of Mwalimi DT-Sacco. Photo Courtesy

Mwalimu DT Sacco reports strong 2025 growth as assets hit Ksh 76Billion

Mwalimu National Deposit Taking Savings and Credit Co-operative Organization (DT SACCO), Kenya’s largest SACCO by assets, has reported strong financial growth for the year ended 31 December 2025, with surplus rising significantly as the cooperative expanded its asset base, loan portfolio, and member deposits. The SACCO posted a 76.3% increase in surplus to Ksh 1.27…

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SACCO sector is gunning towards a trillion disbursement.

SASRA: SACCO sector guns towards a trillion disbursement

The Savings and Credit Co-operative Organisation (SACCO) is gunning towards a trillion disbursements as at December 2025. According to Sacco Societies Regulatory Authority (SASRA), the sector received Ksh125.7 billion in the year 2024.At the same time, the amount Kenyan Sacco sector disbursed across the country exceeded Ksh900 billion by December 2025. In addition, the data…

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Bandari Sacco Board Chair, Ken Sungu, receiving award for Best Cooperative Movement ,Sacco Stand from President William Ruto at 2025 Mombasa ASK Show.
Bandari Sacco Board Chairman, Ken Sungu, receiving award for Best Cooperative Movement ,Sacco Stand from President William Ruto at 2025 Mombasa ASK Show. Photo Courtesy

Bandari DT SACCO posts higher profit as assets and lending grow in 2025

Bandari DT Savings and Credit Cooperative Society Limited has reported improved financial performance for the financial year ended on December 31,  2025, with growth in profit, assets, dividends, and its loan portfolio. According to the latest financial results, the society’s profit for the year rose to Ksh 322 million in 2025, up from Ksh 263…

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