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

Laikipia County disburses KSh 100 million to boost Cooperative Societies’ growth

Sacco ReviewJuly 7, 202603 mins

Laikipia County Government has disbursed more than KSh100 million to local cooperatives through its Cooperative Revolving Fund, a facility now credited with driving value addition of farm produce and lifting incomes for members across the county. Speaking during the 104th Ushirika Day celebrations, governor Joshua Irungu revealed that the fund has expanded fivefold from an…

Cooperative leaders warn of looming leadership crisis as kenyan youth shun SACCOs

Sacco ReviewJuly 6, 202605 mins

The absence of young people in SACCOs means many are missing out on the chance to learn financial discipline, savings culture and investment principles that have sustained the sector for decades. The widening age gap in leadership and participation raises uncertainty over succession. Kenya’s cooperative movement is staring at a leadership vacuum in the next…

UTS holds members’ education day in Machakos, highlights SASRA rules and proposed SACCO act amendments

Sacco ReviewJuly 3, 202605 mins

Universal Traders Sacco held its forum in Machakos, educating members on SASRA regulations, financial discipline, new products, and electing new delegates. CEO Dominic Mutunga highlighted Senate proposals including cheque book issuance, forex access, a Deposit Guarantee Fund, and shared services to strengthen Sacco operations and protect members’ savings. The Universal Traders Sacco (UTS) on Thursday…

SASRA data shows majority of SACCO members hold less than KSh100,000 in deposits

Sacco ReviewJuly 2, 2026July 2, 202605 mins

SASRA data shows that nearly 92% of SACCO members hold balances of KSh100,000 or less, with 89% below KSh50,000, highlighting the small‑scale nature of savings among millions of Kenyans. Proposed amendments to the Sacco Societies Act aim to operationalize a KSh100,000 compensation ceiling, modernize SACCOs through shared technology services, and establish a central liquidity framework…

MPs question Ksh100,000 deposit insurance ceiling under proposed Sacco law

Sacco ReviewJuly 1, 2026July 1, 202605 mins

MPs have questioned a proposal in the Sacco Societies (Amendment) Bill, 2025 to cap deposit insurance compensation at KSh100,000, warning that the limit could leave members with larger savings exposed if a SACCO collapses. Lawmakers urged SASRA to adopt a more flexible and depositor-friendly framework that strengthens oversight, protects members’ savings, supports innovation, and avoids…

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…

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…

Healthcare loans drive fastest growth in SACCO lending, outpacing housing and education

Sacco ReviewJune 30, 2026June 30, 202604 mins

Healthcare loans recorded the fastest growth among SACCO lending categories, rising 31.03% year-on-year to KSh2.79 billion in March 2026. Overall SACCO lending expanded by 16.23% to KSh115.73 billion, with land and housing remaining the largest recipients, followed by education. Healthcare-related borrowing has emerged as the fastest-growing loan category among Savings and Credit Cooperative Societies (SACCOs)…

Oparanya urges SASRA to strengthen institutional capacity, embrace technology

Sacco ReviewJune 25, 202604 mins

Cabinet Secretary for Cooperatives and Micro, Small and Medium Enterprises (MSMEs) Development, Wycliffe Oparanya, has urged the Sacco Societies Regulatory Authority (SASRA) to strengthen its institutional capacity, embrace technology, and prepare for the proposed expansion of its regulatory mandate to enhance oversight of the cooperative financial sector. Oparanya made the remarks during a Board and…

Gov’t pledges cooperative reforms to safeguard members’ savings, strengthen transparency

Sacco ReviewJune 21, 202604 mins

The government has assured cooperative members that ongoing reforms in the sector are designed to modernise laws, align operations with the Constitution, curb corruption, enforce leadership term limits, and introduce stricter thresholds to protect members’ savings. Speaking during the official opening of Unaitas Sacco Society’s 34th branch in Nyahururu, Laikipia County, Dolphine Aremo, Director for…