CPA Bernard Koech, Chairman, the Sacco Board of Directors.

United Nations Sacco posts KSh2.2 billion income in 2023 enhanced by affordable loans

United Nations Sacco posted remarkable financial results in 2023 with the firm’s total revenue increasing by 13 per cent, hitting a record KSh2.197 billion. This was achieved as a result of increase in interest on loans and advances, reduced expenditure and investment income. A total of KSh1.3 billion was given to members in the form…

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Members of the Ollin Sacco listen to guests and officials during the society’s Annual General held at Kutus Primary School in Kirinyaga County recently. Photo: Robert Nyagah

Ollin Sacco posts KSh8.8 million profit in 2023

The Ollin Savings and Credit Society Limited closed the 2023 with a notable growth of more than KSh8.8 million surplus compared to the previous year. According to the report, the surplus after taxation for the year 2022 was KSh1, 108, 246, but grew to KSh1, 301,427,544 by the end of last year. Revenue additions in…

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