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Originally published by Kenyanstop
July 6, 2026
1h ago
How Govt Plans to Increase Funding for SACCOs Under New Cooperatives Bill

The government is fast-tracking reforms to support SACCO members, as well as enhance sector regulation and restore public trust...
✨ Key Highlights
Kenya's government plans to increase funding for Savings and Credit Cooperative Organisations (SACCOs) by channeling resources through the National Infrastructure Fund (NIF). This initiative aims to bolster the cooperative sector while freeing up national budget space for other priorities.
- The National Infrastructure Fund (NIF) has secured Ksh345 billion in seed capital.
- This plan was announced by Deputy President Kithure Kindiki during Ushirika Day celebrations.
- Additional funding could support reforms under the Sacco Societies (Amendment) Bill, 2025, including a proposed Deposit Insurance Fund.
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