Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Munene Maina Dimkes Sacco posted a strong financial performance for the fiscal year ending 31st December 2018 registering an asset base growth rate of 5.4 per cent to reach Sh1.59 billion. The Sacco, which had positive outcomes in all growth parameters, also recorded increase in members’ deposit to reach Sh1.35 billion in 2018 from…
By Munene Maina Dimkes Sacco has tightened the noose on defaulters in a bid to enhance debt collection and loan book management. In an aggressive loan recovery strategy, the Sacco collected in excess of Sh100 million in the financial ended 31st December 2017. “Loan default has been a challenge but our resolve is to keep…
