Saccos face decline in borrowing as payslips shrink

NYERI, Kenya, Jan 21 — Saccos countrywide are grappling with the dwindling borrowing power of their members due to government policies that have led to shrinking payslips.

This has forced many saccos to reschedule loan repayments and develop products to ensure a more conducive take-home for most workers.

One such sacco that has taken this initiative is NewFo...