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Co-operative credit: the Kenyan SACCOs in a historical and development perspective

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posted on 2024-09-05, 22:56 authored by Patrick O. Alila, Paul O. Obado
SACCOs in Kenya are currently a leading source of the co-operative credit for socio-economic development. The phenomenal fast growth of the SACCOs in the last two decades to become a major co-operative type, particularly in Kenya is essentially due to the provision of credit for a wide range of purposes and on relatively very easy terms. The credit has furthermore suited different categories of borrowers including disadvantaged groups, especially women. This discussion is aimed at establishing the facts and trends regarding Kenyan SACCOs. The idea is first to close the increasing knowledge gap on SACCOs as a co-operative institution; secondly, to highlight the emerging key role of SACCOs in development especially in terms of financial intermediation. The paper after putting credit into a development context therefore analyses the historical origins of co-operative credit focusing on the evolution and nature of Kenyan SACCOs.

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Publisher

Institute for Development Studies, University of Nairobi

Citation

Alila, Patrick O. and Obado, Paul O. (1990) Co-operative credit: the Kenyan SACCOs in a historical and development perspective. Working paper no. 474, Nairobi: Institute for Development Studies, University of Nairobi

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Working Papers. 474

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Series paper (non-IDS)

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Institute for Development Studies, University of Nairobi

Language

en

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    Institute for Development Studies, University of Nairobi, Kenya

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