SACCOs and Banks are both recommendable in terms of ease of use, Security and many other factors. Apply For A Loan Here, At Affordable Rate 💵💵💵 But when it comes to Financial Management, there are much more considerations , especially in terms of Long-Term Savings . For instance, does your money grow somewhere in your account? or does it just stay neatly and securely on your bank? Below is detailed information about Savings and Investments that will overally help you in making best financial decisions. Remember, it's your money! and it's worth the time. 》》》 Let's dive in! What Are SACCOs? A SACCO is an abbreviation for Savings and Credit Co-operative Organisation . SACCOs are simply non-profit or voluntary organisations that are owned by their members and governed by member-elected board of directors whose main goal is providing low-interest loans and savings accounts to its members. Members regularly pool their savings, and subsequently ob