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

Kenversity Sacco raises fixed deposit rates for members

Sacco ReviewSeptember 9, 202604 mins

Kenversity Sacco raises fixed deposit rates across seven savings brackets. Members can earn up to 10.7% on deposits of Ksh10 million or more. Higher returns apply to larger deposits and longer investment periods. Kenversity Co-operative Savings and Credit Society Limited has revised its fixed deposit rates, with the new figures taking effect from September 2026….

Oparanya leads Shirikiana Sacco drive in Bungoma

Sacco ReviewSeptember 3, 202604 mins

Oparanya leads Shirikiana Sacco sensitisation drive in Bungoma. Sacco targets savings, affordable credit and household financial resilience. Farmers and small businesses are set to benefit from new financial services. Cooperatives and Micro, Small and Medium Enterprises (MSMEs) Cabinet Secretary Wycliffe Oparanya has led a sensitisation campaign for Shirikiana Sacco in Bungoma County, as part of…

GDC Sacco opens Nairobi branch to expand member services

Sacco ReviewAugust 19, 202602 mins

GDC Sacco Society Limited is expanding its presence in Nairobi with the official opening of a new branch, marking another step in the Sacco’s growth and its effort to bring financial services closer to members. The Nairobi branch is located at New Urbane Plaza, 5th Floor, Kaka Stage. Its official launch is scheduled for Friday,…

Why Sacco dividends fell in 2026 despite sector growth

Sacco ReviewAugust 14, 202605 mins

Sacco dividends fell or were scrapped in 2026 as Saccos retained more earnings to strengthen capital and liquidity. SASRA rules, KUSCCO losses and provisions for non performing loans reduced funds available for dividend payouts. Despite lower dividends, the sector grew strongly, with total Sacco assets rising 12.4 per cent to Ksh1.21 trillion. Kenyan Sacco members…

How Jamii DT Sacco’s Nakuru office transforms Rift Valley

Sacco ReviewAugust 12, 2026August 12, 202603 mins

Jamii DT Sacco’s Nakuru satellite office serves members across Nakuru, Bomet, Narok, Kericho and Kajiado counties. Members access affordable loans, savings and investment products, plus instant M Cash loans of up to Ksh50,000. The office also promotes financial literacy and supports farmers, teachers, businesses and workers across the Rift Valley. Jamii DT Sacco’s satellite office…

Meru clergy launch new Sacco for small-scale traders

Sacco ReviewAugust 6, 202607 mins

Meru clergy launched Maendeleo Ya Jamii Sacco to support small traders, farmers and low income earners with affordable loans and savings. Members pay Ksh500 to register, buy shares from Ksh1,000 and can access loans from Ksh2,000. Leaders urged residents to save, invest and join the Sacco to grow their businesses. Residents of Ruiri-Rwarera ward in…

Ports Sacco opens Malaba branch to boost savings culture

Sacco ReviewAugust 3, 202608 mins

Ports Sacco opens Malaba branch to expand financial services and promote a savings culture in Busia County. Branch attracts 800 members shortly after launch, with leaders targeting 5,000 as cooperative savings gain traction. Sacco surpasses Ksh12bn in assets and offers loans, competitive dividends and insurance to support members’ financial growth Teso North Member of Parliament…

MP Kailemia urges youth to embrace saving culture to benefit from government funding

Sacco ReviewJuly 28, 202603 mins

Kailemia urged youth to embrace saving and join registered groups. She said even small savings can build long term financial security. She encouraged table banking to access government funding and investment opportunities. Meru Woman Representative Elizabeth Kailemia has urged the youth to embrace a saving culture by enrolling in registered groups to benefit from government…

Kenya National Police DT SACCO boosts financial literacy through regional member training

Sacco ReviewJuly 17, 202606 mins

Regional financial literacy seminars empower top savers SACCO expands Corporate Social Initiative projects nationwide Members trained on savings, investments and cooperative growth The Kenya National Police DT SACCO embarked on regional top savers training seminars aimed at empowering its members on matters of financial literacy and economic empowerment and equipping them with valuable knowledge to…

Kenyans urged to safeguard savings amid Gulf fuel crisis

Sacco ReviewJuly 17, 202604 mins

CEO urges Kenyans to safeguard savings and use fuel prudently amid Gulf crisis. Rising fuel prices are shrinking household savings, business profits and borrowers’ creditworthiness. Financial institutions say they can only advise members as they await government intervention. Kenyans have been urged to utilize their savings and fuel reserves prudently to navigate the economic hardships…