Month: March 2023
Finance
General
5 Steps for SACCO Continuity: A Member’s Guide
SACCO continuity can be defined as the ability of SACCOs to remain financially stable, grow and continue to provide quality financial services to their members. It is relevant as it ensures that members continue to access affordable financial services that meet their needs. It is also key in ensuring that SACCOs remain relevant in their […]
Read More
Finance
General
SACCO
Growing your money: Investing Through SACCOs
How SACCOs can help you grow your money Growing your money through a SACCO is basically moving from saving to investing. The transition to achieve financial security and independence is crucial. It begins with saving as the first step in building wealth. However, the process of growing your money, calls for an investment of the […]
Read More
Finance
General
SACCO
SACCO Funding: Boosting Financial Inclusion and Economic Growth
SACCO funding refers to the financial resources provided by the government, development partners, and other stakeholders to SACCOs. The funding aims to help SACCOs grow and develop. This is through the improvement of their operations and the promotion of financial inclusion in Kenya. Savings and Credit Cooperatives (SACCOs) are a critical component of Kenya’s financial […]
Read More
Finance
General
SACCO
Empowering Smallholder Farmers: SACCOs Transforming Agriculture Financing
Empowering smallholder farmers in agriculture financing has been one of the strongholds that SACCOs have taken up in recent years. Smallholder farmers play a vital role in the agriculture sector. This is especially due to their huge contribution to food security and the economy. However, there are significant challenges that these farmers face. These include […]
Read More
General
SACCOs’ Affordable Credit: Empowering Members
Savings and Credit Cooperative Organizations (SACCOs) are financial cooperatives whose popularity is increasing by the day in many parts of the world. In empowering their members, Saccos’ Affordable Credit is a very key aspect that is a stronghold for the members. SACCOs are structured in that, the members pool their savings to create a common […]
Read More
Finance
General
Digital Transformation in SACCOs: 5 Key Strategies and Best Practices
Digital transformation in SACCOs cannot stand as an exception in the world of finance where digital transformation is a buzzword in recent years. Generally, digital transformation involves the integration of digital technology into all areas of an organization. This includes SACCO‘s operations, processes, and services. SACCOs (Savings and Credit Co-operative Organizations) have been at the […]
Read More