news-details

Saccos lauded as frontiers to poverty reduction

Saccos are built on affordability and accountability. [Courtesy]

Savings and credit co-operative societies (Saccos) have been recognised as vital avenues for saving and investing, particularly for Kenya’s middle and low-income earners.

Industry leaders are urging Kenyans to invest in these cooperatives en masse, and are calling on the government to create favourable policies that promote their growth.

More than 5,000 Saccos are registered by the Sacco Societies Regulatory Authority.

This number continues to grow as more individuals and communities recognize the benefits of joining cooperative societies.

Related Posts
Advertisements
Market Overview
Top US Stocks
Cryptocurrency Market