A quick guide to Saccos

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Always wondered what SACCOs are? What do they do? Who do they serve? What are they good for?
SACCOs is an abbreviation for Savings and Credit Co-Operative Society. It’s a member-based financial institution which operates on co-operative values, identity, and principles which includes social responsibility, openness, honesty, and caring for each other.
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[@marykiema506]

Some saccos have advanced and are able to use collateral to secure their loans. They are also linked to CRB.

[@a.t.g6571]

Very informative 👍

[@soanna473]

very informative

[@injirahkenny1963]

A nice short informative video...
You didn't mention the dividends saccos payout to their members. I was really interested in that aspect...

[@fridahnjeri6458]

How can I get a loan and am in Dubai how can I asses the money saved in sacco account please help

[@AfricasPocket]

Hi, have you tried reaching out to your Sacco to find out where to start with that? If not, we'd recommend you start there.