Saccos cut bad loans by Sh10bn in a year
Nairobi, Sept. 29 -- Regulated savings and credit society cooperatives (saccos) reduced the volume of bad loans by Sh10.42 billion in the year ended December 2025 to Sh60.45 billion in the prior year, reflecting improved loan recovery and enhanced loan appraisals.
This comes even as industry stakeholders say the high cost of living and increased taxes on salaried workers are weighing heavily on sacco members' loan repayments.
Published by HT Digital Content Services with permission from Business Daily....
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