Kenya is making progress in deepening access to financial services as the number of those not reached by the services reduced to 6.1 million from 6.7 million in 2006. According to a financial access trends study in Kenya (FinAccess) conducted by the Financial…
More Kenyans are signing up with Savings and Credit Cooperatives (SACCOs) for saving, loans and as investment vehicles. According to a supervisory report released by the Sacco Societies Regulatory Authority (SASRA) for the period ending December 31, total assets for the 215 Saccos licensed to…
The first ever summit for African Savings and Credit Cooperative Societies (SACCOs) and Cooperatives will be opening in the Kenyan capital Nairobi on 11th and 12th October 2012. The summit, whose aim is to determine ways for alternative financing, was initially scheduled to run between 14th and 15th…