Regulated Saccos recruited over 637,696 new members last year as deposits crossed the Sh700 billion mark, pointing to the sustained interest of Kenyans in co-operatives.
Latest industry data shows the 177 deposit-taking (DT) Saccos and 178 non-withdrawable deposit-taking (NWDT) Saccos under Sacco Societies Regulatory Authority (Sasra) supervision, saw their membership rise by 26.3 percent from 504,915 in 2023.