For the first time in seven years, the savings and credit co-operative societies' (saccos') returns have fallen below two percent of their assets, signalling the struggle to sweat member contributions.
An analysis of data from the Sacco Societies Regulatory Authority (Sasra) shows the return on assets for the year ended December 2021 sank to 1.59 percent of sacco assets, down from 2.65 percent the previous year.
