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Originally published by The Standard Business
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June 10, 2025
8mo ago

Non-remittances, land investments amplify financial woes of Afya Sacco

Non-remittances, land investments amplify financial woes of Afya Sacco

The minutes of the 43rd Annual Delegates Meeting held last year have offered a glimpse of the financial woes bedeviling Afya Co-operative Savings that resulted to a chaotic gathering in May...

✨ Key Highlights

The financial struggles of Afya Co-operative Savings and Credit Society (Afya Sacco) have been highlighted in the minutes from their 43rd Annual Delegates Meeting, leading to a chaotic gathering in May.

  • Non-remittances and land investments are primary factors contributing to the financial woes.
  • The chaos at the May meeting reflects the urgency of the situation faced by Afya Sacco.
  • This issue points to underlying problems within Afya Sacco, affecting member trust and financial stability.

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