Saccos need revamp of banking systems
Thursday December 24 2020
Summary
It is critical to note that there are many industries that have for the longest time continued to use specific solutions to manage their operations out of convenience.
The sacco ecosystem in Kenya is one such industry.
It is obvious that for decades they have been central not only to individual development but also community progress.
Because of low interest, and the fact that it is being managed by its members, the sector has played a critical role in the country’s financial sector.
This digital age has welcomed a myriad of technological inventions that have aided operations and enhanced processes in many sectors across the production value chain.