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VISION
Facilitate an efficient SACCO Sector in mobilizing Financial Resources.
MISSION
To provide a legal and policy framework to accelerate the growth of a viable SACCO sector for sustainable socio-economic development in Kenya.
The major responsibilities of the department is to develop policies on external and internal financing, issue guidelines and regulations on financial operations of SACCOs, manage Savings and Credit data bank, conduct and promote activities for mobilization of Savings and provide Insurance and Investment advisory services, thereby enabling SACCOs offer members efficient financial services and diversified products.
Your Rights While in Our Offices:
- Your right to be served and attended to without favour.
- Your right to seek clarifications, explanations and demonstrations where you don’t understand.
- You are right to complain against any of our staff if aggrieved while dealing with you.
Values
- Our Commitment
- Clients Right
- Complaints
- Advisory Role
- Clients’ obligation
| SERVICES RENDERED |
REQUIREMENT |
COST |
TIME |
| 1.RECOVERY OF DEDUCTIONS |
FILING FORM IVB |
(C.S.A) FREE |
1 WEEK (7 DAYS) |
| 2.FOSA AUTHORIZATION |
FEASIBILITY STUDY |
FREE |
7 DAYS |
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AGM MINUTES |
FREE |
7 DAYS |
| 3.APPROVAL OF TERMS AND CONDITIONS |
DRAFT T & C.S |
FREE |
2 WEEKS |
| 4. APPROVAL IF M.B.P |
APPLICATION |
FREE |
20 MINUTES |
| 5. SHARE REFUND APPEALS |
LETTER OF NOTICE & APPEAL LETTER |
FREE |
20 MINUTES |
Redress Mechanism:
If not satisfied by the services offered please contact the following: Commissioner for Co-operative Development
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