Saccos - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Taita Taveta sets up Cooperative Fund to expand rural credit access

Sacco ReviewJuly 6, 2026July 6, 202604 mins

The Cooperative Fund will complement existing credit programmes and provide targeted support for agricultural production and other income‑generating activities. Taita Taveta County has unveiled plans to establish a dedicated Cooperative Fund that will serve as a revolving financing facility for farmers, small businesses, and cooperative societies. The initiative is designed to ease access to affordable…

Wetang’ula urges boda boda riders to join SACCOs for financial growth

Sacco ReviewJuly 6, 2026July 6, 202605 mins

National Assembly Speaker Moses Wetang’ula has called on boda boda operators to join savings and credit cooperatives (SACCOs) and channel their earnings into income‑generating ventures, saying this will secure their livelihoods and promote long‑term financial stability. Speaking during a boda boda empowerment forum at Mungatsi Primary School in Nambale Sub‑County on Saturday, Wetang’ula highlighted the…

PS Kilemi refutes claims of diverting SACCO savings to infrastructure fund

Sacco ReviewJuly 6, 2026July 6, 202603 mins

The ministry will issue comprehensive response later in the day as Jimi Wanjigi’s warning over SACCO funds stirs public anxiety Cooperatives and MSMEs Development Principal Secretary (PS) Patrick Kilemi has dismissed claims that the government intends to divert members’ savings from Saccos to finance the national infrastructure fund. In a statement posted on his social…

Budalangi Market Women SACCO launched as 79 groups unite to boost women enterprises

Sacco ReviewJuly 5, 202604 mins

The Cabinet Secretary for Cooperatives and MSME Development, Wycliffe Oparanya, on 3rd June, 2026, presided over the official launch of the Budalangi Market Women SACCO, bringing together 79 registered women groups in a move set to deepen financial inclusion in the region. The event saw KSh8.4 million disbursed to women groups to support enterprise development…

Kindiki roots for deeper Cooperative reforms as Kenya marks 104th Ushirika Day

Sacco ReviewJuly 4, 2026July 4, 202604 mins

Deputy President Kithure Kindiki has called for the deepening of ongoing reforms in Kenya’s cooperative movement, saying the changes are aimed at building institutions that are more transparent, better governed and technology-driven, as the country marked the 104th National Ushirika Day celebrations in Nairobi on Saturday. Speaking during the event, Kindiki said the sector remains…

Gov’t bets on cooperatives to unlock agricultural financing, revive coffee sector

Sacco ReviewJuly 3, 2026July 3, 202605 mins

CS Oparanya has urged financial institutions to design products around the realities of farming, recognizing alternative forms of security while aligning repayment schedules with production cycles. The government has moved to place cooperative societies at the centre of its plan to widen smallholder farmers’ access to affordable credit and speed up the transformation of Kenya’s…

Nyeri cooperatives honoured for excellence and strong member returns at 2026 Ushirika Day

Sacco ReviewJuly 3, 202605 mins

Coffee societies, SACCOs, housing and dairy cooperatives were honoured for delivering strong member returns during the 104th International Day of Cooperatives, as Governor Mutahi Kahiga urged transparency, accountability, digital innovation and youth leadership to sustain the sector Cooperative societies in Nyeri County were honoured for delivering some of the highest returns to members during the…

MPs call for stronger protection for SACCOs savings as Amendment Bill comes under scrutiny

Sacco ReviewJuly 1, 202604 mins

Members of the National Assembly Departmental Committee on Trade, Industry and Cooperatives have called for the inclusion of stronger safeguards in the proposed Savings and Credit Cooperative Societies (SACCOs) legislation, saying the law should better protect members’ savings while promoting accountability and efficiency without imposing excessive bureaucratic requirements. The committee, chaired by Bernard Shinali, met…

Kisii Governor urges Boda Boda riders to join Saccos, invest in Agribusiness

Sacco ReviewJuly 1, 202604 mins

Boda boda operators in Kisii County have been urged to join Savings and Credit Cooperative Societies (Saccos) to improve their access to affordable credit, diversify their sources of income, and strengthen their financial stability. Speaking during a meeting with more than 500 boda boda riders at Kisii Stadium, Kisii Governor Simba Arati encouraged the operators…

Parents turn to Saccos as fees top household budget priorities

Sacco ReviewJune 30, 2026June 30, 202604 mins

Education loans surged by 27.1% in Q1 2026, reaching KSh24.81 billion, making school fees the second-largest reason for Sacco borrowing after land and housing. Parents increasingly prefer SACCOs for financing education, attracted by lower interest rates and flexible repayment plans compared to commercial banks. Parents are increasingly relying on Savings and Credit Cooperatives (Saccos) to…