SACCO stakeholders during International Cooperative Day Celebrations at KICC. Photo by Obegi Malack
SACCOs face challenges in partnering with housing cooperatives amid regulatory restrictions
The Sacco Societies Regulatory Authority (SASRA), in partnership with the Kenya Mortgage Refinance Company (KMRC) and FSD Kenya comprehensive market study on the role of SACCOs in affordable housing finance has revealed that many Savings and Credit Cooperative Societies (SACCOs) are increasingly separating their operations from affiliated housing cooperatives. This shift is largely in response…
