How SACCOs in Kenya Work A Savings And Credit Co-Operative (SACCO) is an association of like minded individuals, registered under the Ministry of Ministry of Cooperative Development & Marketing in Kenya, and authorized to take deposits from and lend to it’s members. SACCOs are governed by the SACCO bylaws which state the objectives, membership, share capital, organization structure, management…
Sacco Savings
When you want to save up money for something, such as a car, a house, or even a trip to the coast, you have several options. You could keep the money in a current account, or, you could keep the money in a piggy bank or in a safe in your home. . However, if you…