Savings and Credit Cooperative Societies (SACCOs) increased lending for land purchases and housing to Sh33.74 billion in the first three months of 2026, reflecting growing demand for property financing.
According to the Regulated SACCO Industry Quarterly Statistical and Soundness Report for the First Quarter ended March 2026, the amount disbursed was 18.01 percent higher than the Sh28.59 billion issued during the same period in 2025. This represents an increase of Sh5.15 billion.
The latest figures also show that lending for land and housing has recovered after declining in 2025. During the first quarter of 2024, SACCOs had disbursed Sh33.40 billion for the same purpose before lending dropped by Sh4.81 billion in the first quarter of 2025.
The report indicates that land and housing lending remained strong throughout 2024. SACCOs disbursed Sh29.59 billion in the second quarter, Sh38.58 billion in the third quarter and Sh36.93 billion in the fourth quarter.
In 2025, land and housing loan disbursements gradually increased during the year, rising from Sh28.59 billion in the first quarter to Sh29.10 billion in the second quarter, Sh32.70 billion in the third quarter and Sh35.31 billion in the final quarter.
Besides property financing, the report shows that SACCOs also increased lending to several other sectors during the first quarter of 2026 compared with the same period last year.
These include education, agriculture, trade, consumption and social services, finance, investment and insurance, manufacturing, the service industry and health, reflecting growing credit demand across the economy.
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