World Council of Credit Unions - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Kenya leads Africa in global Sacco assets and lending ranking

Sacco ReviewOctober 2, 202608 mins

Kenya moves one place higher in the latest global ranking The country remains Africa’s only representative among the leading 15 Kenyan Saccos continue to post strong assets, lending and membership figures Kenya’s Savings and Credit Cooperatives (Saccos) have climbed to 13th globally and first in Africa, a new international report shows. Kenya stands alone as…

Woccu accepting applications for 2024 scholarship for women, young professionals

Sacco ReviewMay 30, 2024May 30, 202404 mins

Interested credit union women and young professionals have been urged to apply for the second annual fellowship of the World Council of Credit Unions (WOCCU). WOCCU, a union which works to advance financial inclusion through the credit union and cooperative model by engaging in international advocacy, development, education and networking that empowers underserved populations, and…

Kenya co-op sector leads in Africa

Sacco ReviewJanuary 29, 2020January 29, 202002 mins

By Joyce Wambui African credit unions had the largest increase in membership in 2018 with a 21 per cent jump from 2017 according to World Council of Credit Unions last year Statistical Report. Globally the membership stands at more than 274 million with a 9.38 per cent penetration. The report also showed that there were…