SACCO

SACCOs and environmental conservation
General
SACCO

Environment Conservation by SACCOs: Fueling Eco-Friendly Projects

Environment conservation by SACCOs has been of major significance. This is especially when putting into mind the growing environmental challenges over time. The challenges have made environmental conservation a critical global concern. Therefore, there has been an urgent need to implement sustainable practices to address climate change and preserve natural resources.  Therefore, financial institutions have […]

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General
SACCO

7 Easy Steps on How to Start and Run a SACCO

Start and run a SACCO in Uganda today! A SACCO (Savings and Credit Cooperative) in Uganda can be a fulfilling and impactful endeavor. However, the process involves careful planning, legal compliance, and effective management strategies. Therefore, this comprehensive guide will walk you through the essential steps to establish and run a successful SACCO in Uganda. […]

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Finance
General
SACCO
SACCO Software
WebSacco

Important SACCO and Cooperatives Tax Requirements from URA

SACCO better known as Savings and Credit Cooperative Organizations play a crucial role in Uganda’s financial landscape. They provide financial services and empowerment to their members. SACCOs have tax obligations that need to be understood and fulfilled. Therefore, this blog post explores the specific tax considerations that SACCOs in Uganda should be aware of. Additionally, […]

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Youth Empowerment through SACCCOs
Finance
General
SACCO

Youth Empowerment Through SACCOs: A Study of Youth Participation

Youth empowerment through SACCOs is a critical aspect of national development. Kenya takes pride in its rich natural resources and human capital. However, despite the abundance of resources, the country is still grappling with high levels of youth unemployment and underemployment. Therefore, this has led to a growing interest in finding sustainable solutions that can […]

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Image of a graph showing an upward trend representing the strategies and tips for maximizing profits in a SACCO
Finance
General
SACCO

Maximizing SACCO Profits: 6 Tips and Strategies

Maximizing SACCO profits has become essential as SACCOs are a crucial part of the financial landscape in many countries. Over time, Savings and Credit Cooperative Organizations (SACCOs) are becoming increasingly popular as a means of accessing financial services. SACCOs provide affordable credit, savings, and other financial services to their members. They operate on the principle […]

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members passing a baton illustrating SACCO continuity
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 […]

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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 […]

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Image illustrating agriculture financing to smallholder farmers.
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 […]

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SACCO regulations
Finance
SACCO

SACCOs and Regulations in Kenya

There are many savings and credit societies (SACCOs) operating without proper registration in Kenya.  And these face tough measures including closure through the regulations by the Savings Regulatory Authority (SASRA). SASRA has recently launched tough rules which are intended to weed out fraudulent SACCO outfits. Read on Saccos and their formation The new regulations set […]

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SACCO

Factors to consider when joining a SACCO

Kenya’s famed co-operatives sector appears to be growing pretty fast with more and more Kenyans jumping into the fray. However, there are many people who are not conversant with Sacco operations and rules and are often disappointed when they cannot secure loans, especially where they are unable to mobilize members to act as guarantors or […]

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