Saccos In Nairobi Archives — NAIROBIminiBLOGGERS

Why Saccos Blocking Members from Exiting

February 4, 2025April 3, 2024 by amosgitobu

A growing number of savings and credit cooperative societies (Saccos) in Kenya are under scrutiny for blocking members from exiting and stalling refunds of deposits. Recent complaints filed with the Competition Authority of Kenya (CAK) have shed light on a troubling trend where members, despite adhering to the required 60-day exit notice as per the … Read more

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Joining A SACCO will Jump Start Your Investment Goals

November 12, 2024August 11, 2022 by amosgitobu

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

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