Page 31 - SACCOStar Mag Vol 46 Press_txt.pdf
P. 31

SACCO INDUSTRY WATCH

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AHKKHNMQDOQDRDMSHMF       The manufacturing and servicing sector received the lowest
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3GHRVDMSSNV@QCROTQBG@RDNE        ?M@MBHMF@S*RGR
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                                                                   Following this report, the Authority has recommended for
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  and reporting template by all Deposit Taking SACCOs which
This went into purchase of SACCO shares and settling               HRDWODBSDCSNADRTALHSSDCSNSGD TSGNQHSXNM@PT@QSDQKX
personal debts with non-registered lenders at Kshs 3 billion,      basis.
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other commercial bank loans stood at Kshs 1.3 billion while        Further, the Authority has tuned its returns system to receive
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                     information that will be submitted using the standard and
                                                                   TMHENQLKN@MBK@RRH?B@SHNM@MCQDONQSHMFSDLOK@SD


With SACCOs playing a role in addressing the social needs of its members’,
?M@MBHMFRNBH@K@BSHUHSHDRB@LDSGHQCVHSGSGDSNS@KBQDCHSRODMSNM
consumption and social activities amounting to Kshs 47.8 billion.

SASRA Board of Directors and other co-operative leaders pose for a photo during the release of
                                                                           the SACCO Sectoral Financing report
                                                                            29| SACCO Star Magazine
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