Gladys

In the fast-paced world of finance, it’s easy to get caught up in metrics, loan books, interest rates, portfolio performance. But for SACCOs (Savings and Credit Cooperative Organizations) and MFIs (Microfinance Institutions), the true foundation of long-term success isn’t just in numbers. It lies in something less visible but far more powerful: Trust. SACCOs and […]

In many SACCOs and microfinance institutions (MFIs), manual operations are still a common practice. Whether it’s paper-based loan processing, handwritten ledger entries, or Excel spreadsheets for member tracking, these systems often seem cost-effective, especially for smaller institutions. But beneath the surface, manual operations can quietly drain your SACCO’s resources, limit its potential, and introduce risks

Savings and Credit Cooperative Organizations (SACCOs) have long been pillars of financial inclusion, especially in underserved communities. Traditionally, they operated through manual systems, face-to-face interactions, and paperwork-heavy processes. However, the digital revolution has ushered in a new era, one where member self-service portals are transforming how SACCOs operate and serve their members. What Are Member

As SACCOs across Kenya and beyond look to scale, meet compliance requirements, and deliver better services to members, automation has become more than a buzzword, it’s now a necessity. But how do you know if your SACCO is ready to make the leap? Here’s how to assess whether your SACCO is prepared for automation, and

Saving and investing while living abroad can be challenging for many Kenyans in the diaspora. With limited access to local financial institutions, concerns over trust, and a lack of financial knowledge, many often miss out on lucrative investment and saving opportunities back home. That’s where SACCOs (Savings and Credit Cooperative Organizations) come in offering secure,

Savings and Credit Cooperative Organizations (SACCOs) have long been a trusted way for individuals to pool resources, access affordable loans, and promote community-based financial growth. Especially in regions with limited access to formal banking, SACCOs fill a crucial gap. However, like any financial institution, SACCOs are not immune to failure. Understanding how and why a

Agribusiness is the cornerstone of rural livelihoods in Kenya, sustaining over 70% of the population in these regions. Yet, despite its central role, many smallholder farmers and Agricultural entrepreneurs face significant barriers to accessing affordable credit. Conventional financial institutions often shy away from lending to rural farmers due to their lack of formal collateral and

Employer-based Savings and Credit Cooperative Organizations (SACCOs) are vital financial lifelines for employees. By offering structured saving schemes and affordable credit, these institutions contribute to financial inclusion and employee well-being. Yet, to remain competitive and relevant, SACCOs must evolve by improving internal operations and actively pursuing growth opportunities. Below are strategies to help streamline operations

In today’s rapidly evolving digital world, Savings and Credit Cooperative Organizations (SACCOs) are under increasing pressure to modernize. On one hand, digitization promises faster operations, broader reach, and better efficiency. On the other hand, while technology opens new doors, it can also create barriers, especially if it neglects the people it’s meant to serve. This