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 by promoting sound business practices in order to enhance financial stability, growth, access and member protection.
OUR CORE VALUES
Integrity – We endeavor to be honest, truthful and transparent in all our services and actions.
Accountability – We endeavor to uphold a high level of probity in our operations
Innovation and Creativity – We are driven by continuous improvement, finding new ways to make things better, optimize results by working smarter, empowered to take risks, learn and grow from our failures & successes.
Professionalism – We are qualified, skilled and committed to high-quality work and delivering exceptional service internal and external stakeholders.
Teamwork – We aim to work together with synergy and collaborate with our stakeholders in executing our mandate
THE MANDATE OF THE AUTHORITY AS PROVIDED BY THE ACT INCLUDES THE FOLLOWING:
- License Sacco societies to carry out deposit-taking business in accordance with the Sacco Societies Act, No.14 of 2008;
- Regulate and supervise Sacco societies.
- Hold, manage and apply the General Fund of the Authority in accordance with the provisions of the Sacco Societies Act, No.14 of 2008 ;
- Levy contributions in accordance with the Sacco Societies Act, No.14 of 2008;
- Do all such other things as may be lawfully directed by the Minister; and
- Perform such other functions as are conferred on it by the Sacco Societies Act, No.14 of 2008 or by any other written law