Coast best Saccos named


By Our Reporter

Co-operative Alliance of Kenya (CAK) has named Imarisha and Bandari Saccos as the best in the Coast region.
CAK Executive Director Daniel Marube said the Saccos had greatly contributed to socio-economic development of residents in the region.
Imarisha Sacco which is based in Kilifi County has an asset base of Sh8.2 billion while Bandari Sacco with asset base of Sh6.8 billion has its headquarters in Mombasa.
Marube, who was speaking at a Coast Sacco ledaers’ meeting at Tononoka Hall in Mombasa, condemned the Sacco Amendment bill 2018 noting that saccos were not in need of investor members as the bill proposed.

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