Deputy Chief Justice Philomena Mwilu, who is the Chairperson, Sheria Sacco at Kamel Park hotel during Head of Stations Forum held recently. Photo: Emmanuel Gwakoi

Sheria Sacco members stopped from guaranteeing more than two loan applicants

Sheria Sacco has stopped members from guaranteeing several members. Sacco chairperson, Deputy Chief Justice (DCJ) Philomena Mwilu has said it will curb loss of funds through defaulted loans. The official noted previously, a member could guarantee several members and the Sacco lost funds. “Last year, the Sacco lost KSh78 million, a member can only guarantee one…

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