Sacco borrowing shifts toward medical and education needs

Medical expenses emerged as the most pressing need for members of savings cooperatives in the year that ended on March 2026, as sectoral credit demand grew by 31.03 per cent in the period...

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Savings cooperatives in Kenya saw a significant increase in credit demand, with medical expenses emerging as the primary driver for borrowing.

Sectoral credit demand grew by 31.03 per cent in the year ending March 2026.
Members of savings cooperatives prioritized medical expenses due to their pressing needs.
This trend indicates a shift in borrowing priorities among cooperative members, highlighting the growing financial strain related to healthcare.

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