Could this digital model disrupt Sacco sector?

In an attempt to enable every Kenyan, wherever he or she is, to join a Sacco, save and apply for a loan from a mobile phone, one entrepreneur has set up a digital savings and credit co-operative.

The person behind the company, Digital Media Sacco (DMS), is Onfon Group co-founder and chief executive Dennis Makori, 35. Onfon, a telecoms services firm, has annual revenues of just over half a billion shillings.