Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
A recently released Financial Sector Deepening (FSD) survey, which has the backing of the Central Bank of Kenya (CBK), has revealed that Small and Medium Enterprises (SMEs) are the worst-hit by debt crisis. The survey revealed that one in every six small scale business borrowers has defaulted on a loan in the past eleven months….
By Staff Writer Small business owners in Kakamega County have formed a Sacco to enhance their businesses growth. “It will offer loans and business skills so that traders do not rely on hand-outs from politicians,” said Women Representative Elsie Muhanda. Muhanda, who spearheaded the Sacco’s formation, said it will offer members loans and training on…
