Saccos were created mainly to mobilize savings from its members and create a revolving fund where members can access affordable loans. Therefore, a Sacco can help an individual to save and later get a loan to build their business. Saccos…
The core business of Sacco is to receive savings from members and provide them with credit facilities. Before being involved in in non-core business, officials should get the approval of the Commissioner and General meeting through a special resolution. Sacco’s…
Once you decides to join a cooperative society as a member, you will enjoy certain rights and at the same time fulfill certain obligations as conferred by the by laws of the society. However, in general, members rights and obligations…
