Savings and Credit Cooperative Organizations (SACCOs) are integral to Kenya’s financial landscape, offering affordable loans, promoting savings, and distributing dividends to their members. As of 2023, the sector has seen significant growth, with total assets reaching Ksh 971 billion and membership increasing to 6.84 million. Here is an in-depth look at the 12 best SACCOs … Read more
Savings and Credit Cooperative Organizations (SACCOs) play a crucial role in providing financial services to individuals and businesses in Kenya. They offer savings, credit, and other financial products to their members. However, not all SACCOs are created equal, and it’s important to identify the best-performing Saccos with good management, efficient loan services, and reliable dividends … Read more
Housing Savings and Credit Cooperatives (SACCOS) play a significant role in Kenya’s real estate sector, providing affordable financing options for individuals seeking to own homes. These cooperatives allow members to save money collectively and access loans at favorable interest rates. The country has numerous housing SACCOS, but here we present the top 10 best housing … Read more
SACCOs provide a platform for individuals and businesses to pool their savings and access affordable credit facilities, fostering a culture of savings and financial inclusion. Over the years, several best SACCOs have distinguished themselves by demonstrating strong financial performance, excellent customer service, and innovative product offerings. These SACCOs, include Stima SACCO, Hazina Sacco, Imarika SACCO, … Read more
Someone must have been encouraging you to join SACCO for the good of your financial, status, and investment goals. Now is a good time. With your New Year’s resolution still freshly baked, you are likely to achieve it. A SACCO is an association of like-minded people, registered and authorized to take deposits and lend to members. … Read more