KUSCCO Centre

KUSCCO liquidator tells borrowers to keep paying loans

KUSCCO borrowers face continued repayment obligations despite the organisation’s ongoing liquidation. Creditors have been asked to take formal steps to have their outstanding debts recognised. The winding-up process has placed fresh attention on the requirements for borrowers and creditors. The Kenya Union of Savings and Credit Co-operatives Union Limited (KUSCCO) has directed all its debtors…

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KUSCCO Centre

KUSCCO borrowers must keep repaying loans, liquidator says

KUSCCO borrowers have been directed to continue servicing their loans as the liquidation process proceeds. The liquidator has invited creditors to submit formal claims for outstanding debts. Creditors who delay verifying their claims risk missing out on payments made before verification. Borrowers of the struggling Kenya Union of Savings and Credit Co-operatives (KUSCCO) must keep…

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