guarantor Banking & Technology

Understanding guarantor model in SACCOs

Why, When and How you get a guarantor orguarantee someone. By Elizabeth AngiraEvery financial year, during the Annual Delegate/General Meetings, SACCOs cry foul of members’ funds lost through loan defaulting. The trend cuts across the sector with member also falling prey as loan guarantors.Societies have been forced to write off billions of shillings amounting to […]

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