Financial Products Innovation and Design for three SACCOs

Focus Area(s)
Lime CoLabs
Climate finance strategy
Product design
Financial modelling
Human-Centered Design

Problem:

SACCOs face limited capacity to design and implement innovative financial products that respond to emerging climate finance opportunities and evolving member needs, particularly within diaspora-linked savings and investment markets.

Solution/Outcome:

We conducted institutional assessments and capacity-building planning and technical assistance in product innovation, training, and pilot monitoring for leading SACCOs in Kenya. Using Human-Centered Design (HCD) principles, we developed tailored tools, templates, and advisory approaches aligned to specific institutional needs. We also supported the design of new climate-focused deposit and loan products targeting diaspora clients across three SACCOs.

The engagement strengthened SACCO capacity for product innovation and implementation, resulting in the development of new climate finance-linked savings and lending products. It also improved institutional readiness for structured product development, pilot testing, and impact-oriented financial service delivery.