A loan facility can help one to achieve their goals in a shorter period. One can take a loan for their personal use or for business purposes. When applying for a loan you must consider some factors such as the interest rate, purpose of the loan, the length of the loan, ability to repay, associated […]
Should you take a loan from a Microfinance or a SACCO? Read More »
SACCOs are associations where by members regularly pool their savings, and acquire loans which they use for different purposes. Normally, the reason for establishment of SACCOs is to promote savings and make Credits available to the members. Here are five SACCO management systems in Kenya that are well known and are reliable. Fibo360 SACCO Management
Top Five SACCO Management Systems in Kenya Read More »
Chama A Chama is an informal cooperative society that is normally used to share funds together and invest as one. Moreover, most of these Chamas are informal. Chamas have the following characteristics; SACCO (Savings and Credit Co-Operative Society) It’s a self-help organization where a group of people keep their savings and offer loans to their
Comparison between a Chama and a SACCO Read More »
In this article, we will talk about the features of a good SACCO management software/system. There are quite a number of SACCO management systems out there. Just choosing the right one could be the problem. If you have read my other article on how to choose a SACCO Management system, you probably know that it
Features of a good SACCO management software Read More »
