Become what you belive

Share capital is a product that lets the members have equity of ownership of a SACCO and members earn dividends on the same annually

SACCOs have gained popularity in Kenya for the past two decades. However, young people are yet to fully embrace them as a way to save money because most of us are not familiar with the concept of SACCOs, exactly how they work and why are they so beneficial. SACCOs are the perfect option for young people who are looking to empower themselves financially.

Since the year 1924, October 31st of every year is marked as the International Day of Saving. The day was pinned to encourage the culture of saving money in order to gain a higher standard of life and to secure the economy.

These are what society needs when a country’s economy is strongly affected by a global pandemic. Lockdown restrictions and the resulting economic shock have impacted many people who are facing a financial crisis.

The Sacco was registered on 14th February 1975 as a Savings & Credit Co-operative Society to initially serve employees in the banking industry. The Society’s core business is to mobilize savings from the members and thereafter on lend the same to members at affordable interest rates. These members are drawn from banks, financial/micro-financial institutions, building […]

Micro loans are a type of short-term business loans. They can give small businesses essential funds to maintain and grow their operations. This allows individuals who are living in poverty to work on becoming financially independent so they can work their way into better living conditions.

When it comes to monitoring your bank accounts, online banking is a great option. Since many new online-only banks are popping up, understanding how to access your accounts online is an important tool. Setting up your online account, locating and using helpful and important features, and staying secure while banking online are all important parts of using online banking.

A shareholder is any person, company, or institution that owns at least one share of a company’s stock. Because shareholders are a company’s owners, they reap the benefits of the company’s successes. Although they are partial and residual owners of the company, shareholders do not manage a firm’s operations. Being a shareholder isn’t all just about receiving profits, as it also includes other rights and responsibilities.