Patrick Kilemi (center), PS for Cooperatives during discussions on the current status and strategic direction of Sacco Central Kenya

SACCO Central Kenya urged to strengthen financial resilience

SCK is being urged to strengthen resilience amid rising competition. Government wants greater innovation and efficiency across Saccos. The push aims to protect members while expanding financial inclusion. SACCO Central Kenya (SCK) has been challenged to strengthen its financial resilience, improve shared services and embrace innovation to remain competitive as Kenya’s cooperative financial sector undergoes…

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Kagwe hands Sh30.5m to Kilifi co-ops to boost farmer financing

Kilifi Saccos receive Ksh30.5 million to expand farmer financing. Government links cooperative funding to new irrigation opportunities. Stronger Saccos are expected to improve market access and farmer incomes. Agriculture and Livestock Development Cabinet Secretary (CS) Mutahi Kagwe has handed over Ksh 30.5 million to eight local savings and credit cooperative organisations (Saccos) in Kilifi County…

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NSSF Sacco CEO CPA Antony Kahoru.- Photo/ Linkedin

Sacco CEO urges youth education on cooperatives in schools

Youth remain largely unaware of Sacco benefits. CEO calls for cooperative education in schools. Digital marketing could attract more young savers. The low adoption of cooperatives as a means of investment and savings among young people in the country has been blamed on stakeholders’ poor marketing and educational programmes in the sector. To change the…

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Sacco CEOs weigh in on mergers, education and defaults

Sacco CEOs say mergers can strengthen smaller societies, improve technology investment and boost competitiveness without compromising Co-operative values. They emphasise member education as key to better financial planning, responsible borrowing and stronger governance. CEOs support firm but fair loan recovery measures to protect members’ savings and maintain financial stability. For years, debate on Kenya’s Saccos…

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The Kapsuswa Affordable Housing Project in Eldoret.- Photo/courtesy

KMRC to host 5th Affordable Housing Conference in Naivasha

KMRC will host the fifth Kenya Affordable Housing Conference from August 20 to 21 in Naivasha. The conference will focus on expanding affordable housing finance, especially for informal workers and Sacco members. Stakeholders will discuss blended finance, land reforms, green housing and technology in the housing sector. The Kenya Mortgage Refinance Company (KMRC) will convene…

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