CAK CEO Daniel Marube (l) and Vincent Marangu/Photo Courtesy
Cooperatives urged to expand credit provision to members to enhance capital retention
Cooperatives have been asked to expand credit provision to members and fast-track strategies to enhance capital retention to enable them be productive. Director-In-Charge of the Cooperative Banking Division at the Cooperative Bank of Kenya, Vincent Marangu said the loan provision to members in the Sacco subsector currently stands at between 10 per cent and 11…
