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Ukombozi Sacco  Form

Ukombozi Sacco Form

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Instructions and help about ukombozi sacco members portal

I'm Dr David maduva a senior faculty member at Strathmore Business School and my areas of Interest are in accounting and financial markets of which financial cooperatives fall in we have different types of cooperatives there are those who serve Farmers they are those who serve our financial needs are all geared towards societal and economic well-being Improvement but now we've had a case of these Financial cooperatives that have been running the affairs they have grown in size and yet they are not properly regulated and as we speak any Financial Cooperative whose deposits uh exceed 100 million Kenya Shillings has to be regulated by sasra so what these cooperatives have to do is they have to put in all the mechanisms or measures possible to align themselves to the expectations of the regulator of course Guided by this new piece of Regulation that requires them to put in place policies be they credit policies be they policies touching on the operations be they policies to

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