SACCOs face liquidity constrain as employers withhold over Ksh 3B in non-remittances

Saccos are grappling with liquidity constrain as employers withhold over Ksh3 billion in non-remittances, the issue which has led to heavy loan defaults among employees. The heavy loan defaults have put the Saccos in a state of dilemma of whether to retain or abandon the check-off system for loan and savings deductions to remain stable. … Continue reading SACCOs face liquidity constrain as employers withhold over Ksh 3B in non-remittances