Ukaguzi Sacco loan defaults - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Ukaguzi Sacco faces Ksh 47.03 million in loan defaults

Sacco ReviewOctober 17, 2026October 16, 202605 mins

Ukaguzi Sacco’s loan defaults have raised concerns over credit risk management as millions remain unpaid. Recovery of the Sacco’s Ksh 50 million investment in KUSCCO remains uncertain. Unremitted employer contributions add to the financial pressures facing the Sacco. Ukaguzi Sacco is grappling with Ksh 47.03 million in loan defaults and uncertainty over the recovery of…