Savings and Credit Cooperative
Center for Microenterprise Development is supporting the emergence of savings & Loans cooperatives (SACCOs) that are equipped to reach their full potential and deliver financial services to the last mile participant. We support them through the following programs:
Training
The training programs cover the principles of cooperatives, the roles and responsibilities of leaders, and how to prevent and manage conflicts.
Financial Management
We support cooperatives to set-up an efficient financial management of cooperatives and how to keep records of cooperatives both manually and electronically.
Business Development
We work with cooperatives to develop a business model that grows the cooperative including development of a business plan and facilitation of linkages to formal financial institutions.