Have you heard of the benevolent fund provided by Saccos? Before we get into what it is and how it benefits you, let’s run a scenario.
We pile praises for Saccos and how they have helped advance financial security for many. And they have. Saccos are an excellent saving and investing vehicle. Most importantly, Saccos are not biased toward the ‘unemployed’ when accessing credit. Still, one can
There is a debate I have seen a couple of times; Sacco vs Money Market Funds. There is one camp of Sacco proponents and another of MMFs, with each simply being against the other. I am not saying that each
Most Saccos will require you to have a guarantor to access their credit products. So, when a loved one you are in the same Sacco with approaches you to guarantee their loan, do you know what that means? Probably yes.
[vc_row][vc_column][vc_column_text css=""]Last updated 10/03/2024 e are some days into the new year, and I have one question, how is your saving journey going so far? It is still a rough year, but if you can get a few coins to spare, I
Last updated 24/08/2024 Did you know that close to 48% of Kenyan consumers face considerable financial stress? That’s according to Old Mutual’s financial services monitor 2024. While this doesn’t point specifically to emergency savings, it’s still an alarming statistic just how
Saccos, Savings and Credit Co-Operative Organizations have grown over the past few decades and have been giving banks a run for their money. When it comes to saving money and offering a myriad of lending options for their members, Saccos