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Saccos cut bad loans by Sh10bn in a year
Sacco Societies Regulatory Authority (Sasra) Chairman Jack Ranguma during the Sacco Central (Shared Services) annual delegates' meeting on April 15, 2023 at Sarove Stanely.
Photo credit: Wilfred Nyangaresi | Nation Media Group
Regulated savings and credit society cooperatives (saccos) reduced the volume of bad loans by Sh10.42 billion in the year ended December 2025 to Sh60.45 billion in the prior year, reflecting improved loan recovery and enhanced loan appraisals.
This comes even as industry stakeholders say the high cost of living and increased taxes on salaried workers are weighing heavily on sacco members’ loan repayments.
