Jungle Nuts Holdings unveils mobile-based Sacco

Patrick Wainaina, Proprietor Jungle-Nut photo:courtesy

Thika-based nuts processor Jungle Nuts Holdings has expanded its investment portfolio with a mobile phone-based Sacco.

Dubbed J-Hela, the platform allows members to save and access loans against their savings as collateral.

Chief Executive Patrick Wainaina said the firm targets its 40,000 members as it seeks to diversify its revenue streams through new ventures.