Varsity sacco seeks Sh200m Co-op loan talks for recovery

Musco Towers in Eldoret Town. FILE PHOTO | NMG

The troubled Moi University Savings Credit Cooperative Society (Musco) has started the process to re-negotiate a Sh200 million Co-op Bank loan as it plans to elect new officials in a turnaround strategy.

Last week, the Senate recommended the reinstatement of its licence within 90 days to allow the members to remit, borrow and access to their savings.

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