SACCO SOCIETIES REGULATORY AUTHORITY (SASRA)

Communique of the 14th Retreat of the Joint Financial Sector Regulators Forum

Communique of the 14th Retreat of the Joint Financial Sector Regulators Forum (JFSRF) that was held in Kwale County on November 17, 2023. The Forum was established in 2009 to collaborate on matters relevant to...

Authority Equips itself with Planning Tools to Implement Bottom-Up Economic Transformation Agenda

The Sacco Societies Regulatory (SASRA) is taking a deeper look at its just drafted fourth cycle Strategic plan. The aim is to align it to the Government’s development plan through Bottom-Up Economic Transformation Agenda (BETA)...

SASRA mounts a Financial Services Public Awareness Campaign in Embu County

The Sacco Societies Regulatory Authority (SASRA) in partnership with Kenya National Commission on Human Rights (KNCHR) mounted a Financial Services Public Awareness Campaign in Embu County from 18th - 22nd Sept, 2023 to create public...

NWDTS Returns Portal

The Authority has developed a portal to be used by NON-Withdrawable Deposit Taking SACCOs. This portal is currently in use and improves the efficiency of SACCO registrations, SACCO return submissions and data analysis. The portal...

Hon. Simon Chelugui, EGH, Cabinet Secretary, Ministry of Co-operatives & Micro, Small and Medium Enterprises (MSMEs) handing over the Certificate of Registration to the Sacco Central Chairman Mr. Evans Kibagendi during the Launch of the...

Peter Njuguna, SASRA Chief Executive Officer addressing a stakeholders meeting during the Sacco Subsector Annual Regulatory Policy Roundtable 2023

SASRA BOARD

From Left: Mr. Gerald Nyaoma, Alternate, CBK Governor, Mrs. Roselyne Ragama, Corporation Secretary, Ms. Alice Mwololo, Alternate, PS National Treasury, Mr. Timothy Kihara, Mr. Methuselah Rono, Mr. Peter Njuguna, Chief Executive Officer, Hon. Jack Ranguma,...

Signing of the Performance Contracts

On Friday, 8th September 2023, Hon. Simon Kiprono Chelugui, EGH, Cabinet Secretary, Ministry of Co-operatives & Micro, Small and Medium Enterprises (MSMEs) spearheaded the signing of the Performance Contracts for the financial year 2023/2024...

SASRA Hosts Uganda Microfinance Regulatory Authority (UMRA)

The Sacco Societies Regulatory Authority (SASRA) CEO, Peter Njuguna hosted the Uganda Microfinance Regulatory Authority (UMRA) Executive Board, CEO, and Management team on a two -day benchmarking visit at SASRA offices in Nairobi. They engaged...

SACCO Supervision Annual Report, 2022

The Sacco Societies Regulatory Authority has just released The SACCO Supervision Annual Report, 2022 which highlights the activities, performance and operations of Regulated SACCOs for the period ended 31st December 2022.During the year, there were...

Government pledges support for the SACCO Central initiative

The CS Cooperatives Mr Simon Chelugui EGH has pledged to support SACCO Central initiative that will create efficiency and enable smaller SACCOs to access the state of the art technology that will include access to...

OUR VISION

A Financially Inclusive, Member Centric and Stable SACCO Industry

OUR MISSION

To regulate, supervise and develop the SACCO industry through promotion of prudent practices to protect member’s interests, enhance access to financial services and foster financial stability

OUR CORE VALUES

Integrity- We act with honesty and promote a culture of trust in the conduct of our business

https://youtu.be/Qr3gb5181o4

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 176 Deposit Taking Saccos (DTS) and regulates other 185 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.