Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
In September 2025, the Kenyan government dropped a regulatory bombshell on the cooperative sector: small Savings and Credit Cooperatives (Saccos) with assets under Sh100 million must merge with larger entities or face dissolution. This directive, ostensibly aimed at bolstering financial stability and operational resilience in a sector plagued by inefficiencies and vulnerabilities, has ignited a…
The annual Savings and Credit Cooperative Organizations (SACCOs) supervision report 2022 released by Sacco Societies Regulatory Authority [SASRA] has revealed that 49 agriculture-based SACCOs have topped the charts in loan defaults by the ratio of 18.42 percent, more than double the industry average. Notably, these 49 agriculture-based Saccos represent the largest membership within the sector,…
