- Financial pressure is taking a toll on teachers’ wellbeing
- Teacher Saccos urged to offer counselling and wellness support
- Responsible lending could help members avoid debt distress
Kenya’s teachers are facing an increasingly difficult economic reality. With the ever-increasing cost of living, many teachers are struggling to make ends meet. The result is not only financial hardship but also growing emotional and psychological pressure.
Many teachers are becoming victims of mental-health challenges as they grapple with mounting financial obligations, loan repayments, family responsibilities and rising household expenses. This is an issue that can no longer be ignored.
Teacher Savings and Credit Co-operative Societies (Saccos) have traditionally played an important role in helping educators save, access credit and improve their financial wellbeing.
However, their responsibility should go beyond providing loans and collecting repayments. Saccos have a responsibility to safeguard the mental health and overall wellbeing of their members.
Members’ mental health matters
The mental health of Sacco members should be treated as an important component of member welfare. A Sacco exists to improve the social and economic wellbeing of its members, and this responsibility should not be limited to financial transactions.
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A teacher who is constantly worried about loan deductions, school fees, rent, food, transport and other household expenses can easily become overwhelmed. Prolonged financial stress can contribute to anxiety, sleeplessness, emotional exhaustion, depression and strained family relationships.
For many teachers, the pressure is made worse by the fact that their salaries are already committed before they receive them. Loan deductions and essential household expenses can leave very little disposable income.
When this situation continues for months or years, it can take a serious toll on a person’s mental and emotional health.
Saccos must therefore ask themselves a broader question: Are our members financially empowered and mentally well, or are some of them becoming trapped in a cycle of debt and distress?
Beyond loans and repayments
For years, financial empowerment has often been associated with access to credit. While loans remain an important service, responsible lending must also be accompanied by financial education, debt-management support and counselling.
Members should be helped to understand how much they can sustainably borrow without putting their financial and mental wellbeing at risk.
Saccos should also review their member-welfare programmes and deliberately include mental-health initiatives. They can partner with professional counsellors, psychologists, healthcare providers and other relevant organisations to provide confidential support to members experiencing stress, anxiety or other mental-health challenges.
Regular wellness programmes, financial counselling, mental-health awareness sessions and referral services could make a significant difference.
Breaking the silence
There is also a need to address the stigma surrounding mental health among teachers and other Sacco members.
Teachers are expected to be strong, resilient and emotionally available to their learners, even when they are experiencing serious challenges in their personal lives.
But teachers are human beings. They too experience financial pressure, grief, family difficulties and emotional exhaustion. A member should be able to seek help without fear of being judged, ridiculed or treated differently.
Sacco leaders should create an environment where members know that asking for help is not a sign of weakness. Confidentiality must also be protected when members seek counselling or other forms of support.
Responsible lending is part of member welfare
Saccos must also examine whether their lending practices are contributing to financial stress among members.
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The ability to qualify for a loan does not necessarily mean that a member can comfortably afford it. Lending decisions should take into consideration a member’s broader financial circumstances and ability to repay without being left with inadequate income for basic needs.
Members, on their part, should also take responsibility by borrowing wisely and seeking financial advice before taking on additional debt. The goal should be to build financially resilient members rather than simply increase the volume of loans disbursed.
A healthy teacher is an asset
The wellbeing of teachers has a direct bearing on the quality of education. A teacher struggling with severe financial or emotional stress may find it difficult to concentrate, remain motivated and provide the emotional support learners need.
Supporting teachers’ mental health is therefore not merely a personal matter. It is an investment in schools, learners, families and the country’s education system.
Teacher Saccos are uniquely positioned to make a difference because they interact directly with educators and understand many of the financial pressures they face.
Their mission should not be limited to asking whether a member can repay a loan. They should also consider whether the member is financially stable, emotionally healthy and able to cope with the obligations being placed upon them.
This does not mean that Saccos should become mental-health institutions. Rather, they should recognise that financial wellbeing and mental wellbeing are closely interconnected.
Teachers need more than loans. They need sustainable financial solutions, financial literacy, counselling, dignity and support. At a time when the cost of living continues to rise, teacher Saccos cannot afford to remain silent on members’ mental health.
Member welfare must mean more than financial access. It must include protecting and promoting the physical, emotional and mental wellbeing of every member.
Behind every Sacco account, loan application and monthly deduction is a human being. That human being has hopes, responsibilities, fears and challenges.
Saccos must listen to their members. They must understand the pressures they face. And they must act before financial distress becomes a mental-health crisis.
The health of members should never be the price of financial empowerment.
By Kaptich Tarus
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