Why Saccos Blocking Members from Exiting

blocking members from exiting

A growing number of savings and credit cooperative societies (Saccos) in Kenya are under scrutiny for blocking members from exiting and stalling refunds of deposits. Recent complaints filed with the Competition Authority of Kenya (CAK) have shed light on a troubling trend where members, despite adhering to the required 60-day exit notice as per the … Read more

Hazina Sacco Membership and Requirements to Join

Hazina Sacco Membership and Requirements to Join

Hazina Sacco Society Limited is a financial cooperative based in Kenya. Saccos, short for Savings and Credit Cooperative Organizations, are member-owned institutions that provide financial services to their members. Hazina Sacco is one such organization that primarily serves employees of the National Treasury, County Governments, and other public institutions in Kenya. As a Sacco, Hazina … Read more