The digital loans formed part of Ksh29.19 billion in total credit issued during the year. 141,066 loans were processed through the Sacco’s mobile app, serving its 151,800 active members.
Over 93 percent of members now use mobile channels, according to CEO Gamaliel Hassan.
The Sacco’s overall loan portfolio grew 4.6 percent, with repayment rates at 93.62 percent.
It also invested Sh53.19 million in Shariah-compliant financing and introduced loans for electric vehicles and energy-efficient home upgrades.
