Report on the Effects of COVID-19 on the Sacco Sector
Insights and recommendations from monitoring the digital infrastructure in use by Saccos across the country during the global pandemic.
What is this Sacco Industry Report all about?
Ocular has compiled a report on the impact of the pandemic to the cooperative sector, focusing on the steps that had already been put in motion by most Saccos to digitize their operations.
The pandemic has hit hard across the world. In Kenya, a lot has happened since the start of the mitigation measures (including lockdown) in March. We have come a long way since then, and, as business aim to normalize, we hope that challenges from that period can be overcome. Using this Emerging insights report, we hope that Saccos can push as a sector to become a better unit overall.
In order to ensure that this important sector thrives to become and even better part of our economy and to serve more of our citizens, we are calling on you to assist us reach all Saccos and their members. Our aim is to deliver these insights about the digital journey to facilitate a more efficient Microfinance sector.
Will Your Support Make A Difference?
We understand the key role that Saccos play in improving the lives of its members across the various industries and the sector’s importance to the Kenyan economy.
This industry report provides you with a unique opportunity to take the lead in pioneering the digital transformation as a unified sector. This is by sharing insights to improve your customers' experience - building and supporting an efficient industry-wide migration for both your establishments and your customers.
With your help, we can go an extra mile and get even more Saccos and microfinance institutions involved in making this digital leap.
Effects of the Pandemic on The Sacco Sector
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The full report is ready, full of Insights from monitoring the implementation of technology in the Sacco Sector and ways of advancing for optimal efficiency.