Kenya: Nandi Teachers Co-Op Denied Fosa Licence

12 February 2014

About 1,200 members of the Nandi Teachers Savings and Credit Co-operative society Front Office Financial Services have expressed fears over failure by the sacco to get a licence from the Sacco Societies Regulatory Authority.

The members, who have been accounts holders at the society for the 11 years, said the sacco did not appear in the SASRA list of the 150 licensed saccos to operate Fosa services in the country and now want an urgent meeting held to address the issue.

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