Superior Hotels Co-operative Savings and Credit Society Ltd was registered on 17th October 2022 by some ten founder members/promoters. Membership has grown progressively over the past three months and to date there are over 70 members. Primary Objective: The Society’s Primary objective is to promote thrift among its members by affording them an opportunity for accumulating their savings and deposits and create thereby a source of funds from which loans can be given to them exclusively for provident and productive purposes, at fair and reasonable rates of interest; thereby enabling them to use and control their money for their mutual benefit.

Archive: December 5, 2022

Home 2022 December 05

Saccos Grow Deposits To Sh564.89bn In 2021

NAIROBI, Kenya August 5 – Saccos grew their total deposits by 9.8 per cent in 2021 to reach Sh564.89 billion from the sum of Sh514.46 billion in 2020, underscoring the resilience of the Kenyan SACCO business model in the wake of external shocks.  According to the SACCO Supervision Annual Report, […]
Read More