As more Kenyans look for ways to grow their money outside of traditional banking, SACCOs and Money Market Funds have emerged as two reliable options.
But how do you decide which one suits you best?
Kenyans.co.ke spoke to Jeremiah Odera, a financial expert who has been in the industry for over eight years and has been investing with the traditional banks, SACCOs, and MMFs to give us a detailed insight into how the three operate. Understanding the Basics SACCOs are member-owned cooperatives that offer savings and loans at affordable rates.
Members pool their resources to provide credit to one another.
