Page 30 - SACCOStar Mag Vol 46 Press_txt.pdf
P. 30
SACCO INDUSTRY WATCH
%TQSGDQ?M@MBHMFATRHMDRRB@LDRDBNMCVHSGSQ@CDQDBDHUHMF expenses standing at Kshs 0.4 billion while the payment of
*RGR AHKKHNM QDOQDRDMSHMF NE SNS@K ?M@MBHMF AX TSHKHSHDRRSNNC@S*RGR
AHKKHNM
SACCOs. This saw the wholesale and retail section take up
*RGR
AHKKHNM@BBNTMSHMFENQSGDSQ@MRONQSATRHMDRR (M@CCHSHNMNUDQAHKKHNMRGHKKHMFRV@RKN@MDCSN?M@MBD
RSNNC@S*RGR
AHKKHNM@BBNTMSHMFENQ
VGHKDENQDHFM education, with Primary and Secondary Education taking up
SQ@CDSNNJTO*RGR
AHKKHNMVGHBGSQ@MRK@SDRSN
to 90 percent of this. Loans towards higher education, which
entails college and university fees, saw members take
With SACCOs playing a role in addressing the social needs loans of Ksh 4.1 billion while shopping and accommodation
NE HSR LDLADQRr ?M@MBHMF RNBH@K @BSHUHSHDR B@LD SGHQC took up Kshs 0.29 billion.
with the total credit spent on consumption and social
activities amounting to Kshs 47.8 billion. This was made The agricultural sector saw loans of Kshs 21.7 billion
up of consumer durables accounting for Kshs 19 billion, 2GHKKHMFR HRRTDC QDOQDRDMSHMF
NE SNS@K BQDCHS FQ@MSDC
consumer staples at Kshs 11 billion, social and communal 3GD ?M@MBDR VDQD CHRSQHATSDC @LNMFRS BQNO OQNCTBSHNM
animal production and other support services.
From left: Mary Mungai,
Commissioner for Co-operative
Development, Susan Mochache,
Former Principal Secretary, State
Department of Co-operatives and
John Munuve, Chairman, SASRA
display copies of the SACCO Sectoral
Financing report
)URP/HIW-RKQ0XQXYH&KDLUPDQ6$65$DQG-RKQ0ZDND&KLHI([HFXWLYH2?FHU6$65$
consult during the release of the SACCO Sectoral Financing report
28| SACCO Star Magazine
