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Originally published by The Standard BusinessMay 13, 2026
4h ago
Mwalimu Sacco eyes informal sector financing with KNCCI pact

The Sacco reaffirmed its commitment to supporting the business ecosystem by providing innovative financial products and tailored solutions to meet the evolving needs of SMEs. ..
✨ Key Highlights
Mwalimu National Sacco has partnered with the Kenya National Chamber of Commerce and Industry (KNCCI) to expand its financial services beyond teachers to include informal sector entrepreneurs and SMEs.
- This strategic Memorandum of Understanding (MoU) aims to drive financial inclusion, enterprise development, and capacity building.
- Key figures involved include Mwalimu National Sacco CEO Kenneth Odhiambo and KNCCI Nairobi Chapter Chairman James Mwaura.
- The Sacco plans to offer loans to the informal sector at a competitive interest rate of 12 per cent, coupled with financial literacy programs.
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