Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The Sacco Societies Regulatory Authority (SASRA) has announced a vacancy for the position of Chief Executive Officer (CEO), setting the stage for the recruitment of a substantive head to steer the regulation of Kenya’s SACCO sector. In a notice on Tuesday, February 24, inviting applications, the Authority said the successful candidate will be appointed on…
As the new year begins, this publication takes stock of achievements by Kenya’s vibrant Sacco Sub sector, some of the missed opportunities and what lies ahead. While financial cooperatives are still locked out of the National Payments System and lack an inter-lending facility, they have been able to ride on technology and other delivery channels…
The cooperative movements are poised to witness the first ever SACCO Expo, a landmark event designed to catalyze growth, innovation, and collaboration within the Savings and Credit Cooperative Organizations (SACCOs) ecosystem. Scheduled for January 29-30, 2026, at the Sarit Expo Centre in Nairobi, this two-day exposition represents a strategic opportunity for stakeholders to align with…
Listen up, SACCO members: If you’re about to slap your signature on a loan guarantee form for a colleague or another member, pausing. Take a deep breath. Then shred that thing unless you’ve done your homework. In the cutthroat world of cooperative lending, guaranteeing a loan isn’t some noble act of camaraderie—it’s a financial landmine…
The Maendeleo Ya Wanawake Organization (MYWO), Kenya’s largest grassroots women’s network, is gearing up for the official launch of its National Sacco in January 2026, a move poised to revolutionize financial inclusion for women across the country. This initiative comes at a pivotal time as MYWO intensifies efforts to unify, nurture, and empower women socially,…
Listen up, SACCO members: If you’re about to slap your signature on a loan guarantee form for a colleague or another member, pause. Take a deep breath. Then shred that thing unless you’ve done your homework. In the cutthroat world of cooperative lending, guaranteeing a loan isn’t some noble act of camaraderie-it’s a financial landmine…
In the bustling world of finance, where banks chase profits and fintechs disrupt with algorithms, Savings and Credit Cooperative Organisations (SACCO) stand as beacons of community-driven empowerment. As someone who’s long admired the grassroots ethos of SACCOs—rooted in mutual aid and shared prosperity—I’ve often pondered how these member-owned entities could evolve beyond mere savings clubs…
SACCO membership and usage in Kenya continue to grow, with the latest 2024 FinAccess Household Survey (SACCO Sub-Sector Report) showing an increase from 9.6 percent in 2021 to 11.7 percent in 2024. The growth is attributed to more households joining SACCOs that offered relatively affordable loans during the high-interest-rate period. The FinAccess Surveys also highlighted…
Data mining is extracting meaningful, significant, implicit, largely undiscovered, potentially beneficial patterns or knowledge from massive amounts of data. It is the series of steps to discover new, hidden, or unexpected ways in data Data mining is not just about understanding the past but also about preparing for the future. It helps businesses understand demand…
The Sacco Societies Regulatory Authority (SASRA) Chief Executive Officer, David Sandagi, has outlined major reforms aimed at strengthening Kenya’s cooperative sector during a high-level panel discussion at the 4th Annual Cooperative Movement Stakeholders’ Forum held at Lake Naivasha Resort. The forum, themed “Shaping the Future of Co-operatives: Leadership, Innovation and Sustainable Growth,” brought together cooperative…
