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)
Guided by a team of professionals from Kenya School of Government flanked by John Musale- Director Planning, State Department of Co-operatives, the Authority’s senior management and heads of units led by the Chief Executive Officer-Peter Njuguna interrogated Key Strategic Objectives, Strategies and Activities that enabled them align its Strategic plan to the issued guidelines for the preparation of the fifth generation strategic plans in readiness for its launch. Members of the board of the Authority were then taken through the document, provided their constructive feedback which enabled finalization and ownership of the document.
Saccos play critical role in Savings mobilization and provision of credit with the major focus on members who are in the bottom of the economic pyramid. They therefore form the perfect vehicle through which mobilization of savings and provision of affordable credit can be achieved. This calls for succinct strategies that will be implemented by the Authority to ensure their sustainability.