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Originally published by The Standard BusinessOctober 8, 2025
4h ago
Sacco regulator probes rapid growth of dormant members
Sasra has launched an investigation into the consistent increase in the number of dormant members over the years, as the figure now inches closer to two million...
✨ Key Highlights
The Sacco Societies Regulatory Authority (Sasra) has initiated an investigation into the burgeoning number of dormant members within Kenyan Saccos, which is approaching two million. This probe comes as the growth rate of inactive members significantly outpaces that of active members.
- As of December 2024, total Sacco membership reached 7.4 million, with 5.7 million active members and 1.7 million dormant.
- The year-on-year growth for dormant members (15.09 percent) is nearly three times that of active members (6.02 percent).
- Acting Chief Executive David Sandagi notes that membership methodologies and product suitability may be contributing factors, and a demographic survey is underway to gather more details.
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