SACCOs in Kenyan banking
Business Studies · Grade 10 · about 40 minutes
A SACCO is a member-owned savings-and-credit cooperative. It is not a commercial bank, but it is how many Kenyans save and borrow.
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- 8 sections of explanation, worked examples and diagrams
- 1 practice task with hints and worked answers
- A quiz that marks itself as you go
- Your progress kept across every subject you take
Other lessons in this sub-strand
- The importance of banking, and types of account
- Ethics in banking, and modern trends
- What banking is
- Commercial banks in Kenya
- The Central Bank of Kenya
- SACCOs in Kenyan banking
- Operating a savings account
- Current accounts, cheques and overdrafts
- Fixed deposits and other accounts
- Bank services beyond the account
- Opening a junior savings account