Invest and Grow Sacco posts 12% growth on increased loan uptake
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Mar 05, 2026
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The Star
The Star
KNUT national second vice chairman Aggrey Namisi, Invest and Grow chairman Rodgers Waswa and his predecessor Kennedy Keyah during the handing over ceremony at Golf Hotel in Kakamega on Friday, February 27 /HILTON OTENYO
Officials attribute growth to new digital lending solutions
Key Takeaways
- Invest and Grow (IG) Sacco achieved a 12% growth in its asset base, reaching Sh16.4 billion in 2025, driven by increased loan uptake.
- The Sacco's income rose by 14.4% to Sh2.288 billion, with its loan portfolio expanding by 14.8% to Sh14.103 billion.
- IG Sacco is actively digitizing its operations, introducing digital lending solutions like E-FOSA Loan and E-Loan, and plans to further digitize short-term loans to attract younger members.
- Factors contributing to the Sacco's performance include consistent member contributions, education programs, enhanced recruitment, and new digital services.
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