Cooperative News

20/03/2025

Exciting times are here for Sacco members as they bask in the rewards of their investments! Despite facing challenges, including the recent KUSCCO scandal, Saccos are thriving and demonstrating exceptional growth that stands out in today’s financial landscape. Their phenomenal performance means bi...

20/03/2025

“The co-operative movement is too significant to allow greed and corruption to dismantle it.

20/03/2025

Members of Mentor Sacco benefit from competitive loan rates as low as 6.5% per annum. The Sacco also offers refinancing options for both internal and external members' loans.

20/03/2025

Hazina Sacco loan book grew by 16.8% to reach Ksh11.51 billion from Ksh9.86 billion in 2023. The Sacco maintained a competitive interest in loans, cushioning members from hard economic times.

14/12/2024

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14/12/2024

SACCOs Outperform Banks in Loan Market Amidst High Interest Rates

14/12/2024

  Savings and Credit Cooperative Societies (SACCOs) have become vital pillars in Kenya’s financial landscape, significantly enhancing the country’s economic resilience and growth. According to the Kenya Financial Stability Report 2023, SACCOs have played a crucial role in driving economic recov...

25/10/2024

17/10/2024

According to recent figures from the Central Bank of Kenya (CBK), Saccos have outpaced traditional banks in terms of loan disbursement. Between January and August of this year, Saccos increased their lending by Sh46 billion, reaching a total of Sh749 billion, up from Sh703 billion, in contrast to a....

17/10/2024

Kenya’s President William Ruto emphasized the importance of cooperatives during a meeting at the State House on October 7. He expressed his strong support for the success of the savings and credit cooperative (SACCO) movement in Kenya to a delegation of African and U.S. credit union leaders, inclu...

17/10/2024

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17/10/2024

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12/09/2024

SASRA Report: List of Most Profitable Saccos Paying Highest Dividends https://co-opnews.com/sasra-report-list-of-most-profitable-saccos-paying-highest-dividends

12/09/2024

New SASRA data shows Kenya’s largest Saccos

12/09/2024

10/06/2024

Cooperatives Build a Better Future for All
Celebrating The 30th International Day of Cooperatives (recognized by the United Nations) and the 102nd International Cooperative Day.

10/02/2024

Co-op News is a leading digital co-operative platform dedicated to comprehensive coverage of the Co-operative Movement and Financial Sector in Kenya, Africa, and beyond. The news site and printed magazine focus on publishing comprehensive and in-depth feature articles, covering events and topical is...

10/02/2024

Saccos are member-led organizations providing tailored financial services to their members. There are many instruments to choose from when it comes to investing and saving money. Choosing Saccos comes with many benefits.