Tower SACCO was founded in 1976 in Ol’Kalou, Nyandarua County, by a group of visionary primary school teachers who wanted a safe and convenient platform to save and access affordable credit. What began as a small teachers’ cooperative has, over the decades, grown into one of Kenya’s most successful and trusted Savings and Credit Cooperative […]
Savings and Credit Cooperative Societies (SACCOs) have long been a trusted vehicle for financial inclusion in Kenya and beyond. They offer members affordable credit, savings options, and a sense of ownership that commercial banks often lack. However, with the growing number of members and the increasing size of deposits, the question of financial security within […]
Savings and Credit Cooperative Organizations (SACCOs) are vital financial institutions in many economies, especially in Kenya, where they play a pivotal role in empowering members to achieve financial stability. Among the many benefits SACCO members enjoy, dividends on shares stand out as a significant incentive. These dividends not only reward members for their investments but […]
If you’re considering applying for a loan from a Savings and Credit Cooperative Organization (SACCO), it’s essential to understand the requirements and criteria needed to qualify. SACCOs offer a range of financial products and services to their members, but qualifying for a loan involves meeting several key criteria. Here’s a comprehensive guide to help you […]
