A SACCO's credit risk is tied to its members and to the discipline of its committee. New committee members rotate in, and a single weak appraisal cycle can take a year to recover from. The training a SACCO needs is not the same as a bank's, and LitFin adapts to that.
What changes for a SACCO
Where the SACCO version of the curriculum focuses harder:
- ●Character, the C that often carries the loan in a member-owned organisation
- ●Group-level capacity, reading a member's household and group cashflow together
- ●Committee role-play, the AI sits the trainee in the chair and runs the meeting against a realistic case file
- ●Conflict-of-interest training for committees that know the applicant
- ●Member education content, used by officers to help members come to the desk prepared
Run on a SACCO calendar
Training inside a SACCO usually runs around an AGM, an audit, or a regulator visit. LitFin supports cohorts on a calendar, and the assessment threshold can be tied to a committee election or a supervisory return, so officers and committee members earn the right to keep their role on measured competence.
LitFin is the operating system for officer and committee training. It does not replace the SACCO's policies or its decisions.