The Cooperative movement in Kenya is an important player in the social economic development of this country. Cooperatives cut across all sectors of the economy and provide an important framework for mobilization of both human and capital resources. With a membership of over 8 million in 13,000 registered cooperative societies, the Sacco sub sector, in particular, has mobilized over Kshs. 230. billion.The Movement is independent and autonomous. However, the government, through the ministry of Co-operative Development and marketing has continued to play a key facilitative role in the activities of the Movement .The Ministry has been working on enabling the co-operative sector to be vibrant , effective and globally competitive by forging close linkages between the Co-operative Movement and Government line Ministries. As a result, Co-operatives are now playing an important role in the achievement of Kenya vision 2030 and the Millennium Development Goals.
It is worth to noting that the United Nation General Assembly, as a clear affirmation that it supports cooperatives, declared the year 2012 as the International Year of Co-operatives.There is also a growing consensus among the International agencies about the importance of cooperatives. The Government firmly believes that the Mwananchi-owned and managed organizations are helping this country to revitalize the agricultural and financial sectors and the rural economy. In addition, an IMF survey in 2007 showed that “ co-operative banks have become important parts of many financial systems with attendant potential financial stability issues”. It is clear that, while Co-operatives may not be the solution to the Kenyans problems, they are certainly part of the solution. Kenyans expected to embrace the culture of savings through SACCOs and to work together on the basis of the co-operative principles and goals. These values include; self –help , self responsibility, democracy, equality , equity, solidarity and the ethical values of honesty, openness, social responsibility and caring for others. Some of the measures the Ministry has undertaken to create an enabling environment for co-operatives to prosper include;