Saccos contributing Sh1.5 trillion to Kenya's GDP
The Cooperative movement in Kenya has over 14 million members
Source: the-star.co.ke
Stay updated with breaking news from Daniel Marube. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Cooperative movement in Kenya has over 14 million members
The Co-operative Alliance of Kenya (CAK) has launched a technology platform to ensure the safety of depositors’ funds saccos.
Uhuru said reforms have since 2013 seen Saccos grow and increase their membership, deposits and end pyramid schemes.
President says cooperatives trading with the government is a win-win for both parties. Current Sacco membership has grown from three million in 2014 to 5.5 million in 2021.