The word SACCO, which is an abbreviation for Saving and Credit Cooperative, is nothing new to most of us. SACCOs are user-owned financial institutions that offer both savings and credit services to their members. Members of these financial institutions can be both net savers and net borrowers. One of the main differences between traditional banks and SACCOs is ownership. Banks are generally...

In reality, the lack of safe, quality, sustainable and affordable housing is costing Kenya in several dramatic ways.  Counties that fail to step up with affordable housing solutions drive out residents, lose potential workers, and discourage growth in their local economies.  While those who already have safe and stable housing may not feel the true cost of poverty, the effects are real and can...

Simon is a resident of Kiambu County who upon hearing about the Kshs 850,000 Romar studio apartments being sold by Naiverah holdings limited decided that his time was now ripe to put into action his long term vision of ever owning an income generating asset. He narrated the events as they unfolded in excitement. “I started planning to have an extra source of income sometime back after I got my...

For everyone cracking the adulting puzzle, every answer to earn more and more is always captivating. What is often ignored is that sometimes the issue is not how much you are earning but how well you invest it. Yes, perhaps all you need is to plan better. The fallacy of more is driving lots and lots of people to a journey without an exact destination. They chase and chase some more and within no time...

The end of year is here with us and the festive season which comes with lots of fun and merry making is here with us again. Indeed it is justice for self to be happy and enjoy to the fullest considering the past dark seasons of lockdowns and curfews. In such times, it would not be easy to drive a message of investing to someone soaked in Hawaii and Zanzibar beach fantasies. However, it is...

On 16th November 2021, all roads led to Cairo, Egypt. Naivera  was selected among the top 10 of Africa’s most promising fintech startups who would be exhibiting in this big conference at the St Regis Hotel in Egypt-Cairo. The Africa Fintech Summit is a global initiative held biannually, founded on the idea that fintechs can unleash unprecedented economic firepower in Africa and that more...