SACCO SOCIETIES REGULATORY AUTHORITY (SASRA)

The proposed SACCO Societies (Specified NW-DT) (Levy) Order, 2022 Regulatory Impact.

Following the commencement of the Regulations, the Authority proposes to make an Order to be known as the Sacco Societies (Specified Non-Deposit Taking Business) (Levy) Order pursuant to section 15 of the Sacco Societies Act....

SACCO Supervision Annual Report, 2020

The Authority has released the SACCO Supervision Annual Report, 2020. The report documents the performance, operations and activities of the Deposit-Taking SACCOs in Kenya for the period between January and December, 2020. It also documents...

FinAccess Survey 2021

The Central Bank of Kenya in Collaboration with Kenya National Bureau of Statistics (KNBS) and Financial Sector Deepening Trust ( FSD Kenya) released the 2021 FinAccess Household Survey. To so high a degree, the surveys...

DCI AND SASRA MOU SIGNING

The Authority signed a Memorandum of Understanding (MOU) with the Directorate for Criminal Investigations to formalize the establishment of the SACCO Fraud Investigations Unit(SFIU) on 19th November 2021.

ENVIRONMENTAL SUSTAINABILITY

The Authority in collaboration with the Kenya Forest Service in Machakos planted and donated a total of 2,500 tree seedlings in Mua Hills on 1st July 2021. The beneficiaries were Katangi Primary School, General Mua...

Non-Withdrawable Deposit Taking Sacco now regulated

The Non-Deposit Taking SACCOs are expected to comply by applying to the Authority within six months of the Regulations 2020 having come into legal effect (1st January, 2021), for authorization to operate.As a start, they...

Find the the proposed SACCO Societies (Specified NW-DT Business) (Levy) Order, 2022 Regulatory Impact Statement (here)

OUR VISION

A distinguished regulator of a financially inclusive and stable SACCO industry.

OUR MISSION

To efficiently and effectively regulate, supervise and develop the SACCO industry

OUR CORE VALUES

Integrity- We endeavor to be honest, truthful and transparent in all our services

Who is SASRA?

The Sacco Societies Regulatory Authority (SASRA) established under the Sacco Societies Act 2008 with the responsibility to license Saccos to undertake Deposit Taking business and to supervise and regulate Sacco Societies. The Authority has currently 177 Deposit Taking Saccos (DTS) and regulates other 169 specified Non-Deposit Taking Saccos (NDTS)

The Sacco And Member Relationship

“A Sacco member in a practical sense finds himself in a dilemma, being the owner, depositor and the borrower. This complexity is best manifested when a Sacco is in financial distress”. Mr. Peter Njuguna, CEO, SASRA.