The Sacco Societies Regulatory Authority (SASRA) has trained Kiambu County Cooperative Officers on financial oversight and governance to strengthen accountability within SACCOs.

The three-day workshop focused on building skills in internal audit, compliance, and financial risk management, all of which are crucial in protecting members’ savings and ensuring long-term sustainability.

Why SASRA Is Training County Cooperative Officers

Kenya’s SACCO movement continues to grow rapidly, but many societies still face challenges related to poor financial controls, weak internal audits, and delayed remittances.

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SASRA recognizes that effective county-level supervision is key to solving these issues.
By training cooperative officers, the Authority aims to:

• Improve monitoring and evaluation systems at the county level.

• Enhance financial reporting and governance within SACCOs.

• Encourage compliance with SASRA’s prudential guidelines.

• Detect early signs of mismanagement and take preventive action.

“Sound governance begins with informed and empowered regulators,” a SASRA official said during the event, emphasizing the importance of training in safeguarding member funds.

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What the Training Covered

During the Kiambu session, officers were taken through:

• Financial risk assessment and reporting standards.

• Internal control systems and how to detect irregularities.

• Audit compliance and governance frameworks.

• Ethical leadership and accountability in SACCO management.

This hands-on training provided practical tools that county officers can use to ensure that SACCOs meet both regulatory and member expectations.This trainings are alos in our website Sacco Champions.

The Bigger Picture: Strengthening the Cooperative Sector

The training in Kiambu is part of SASRA’s nationwide capacity-building program designed to boost oversight in all 47 counties.
It also supports the ongoing review of the SACCO Societies Act, which seeks to modernize regulation, introduce stricter financial controls, and protect members’ deposits from mismanagement.

As the SACCO sector now holds over KSh 1.8 trillion in assets, strong governance is no longer optional — it’s essential.

Impact on SACCO Members

For ordinary members, the benefits of such initiatives are significant:

• Improved transparency in financial reports.

• Reduced risk of losses due to mismanagement.

• Greater confidence in SACCO leadership.

• Assurance that officers are well-equipped to enforce compliance.

With better-trained cooperative officers, members can expect safer, more reliable, and accountable SACCO operations.

Looking Ahead

SASRA’s training marks a positive step toward restoring public confidence in SACCOs and ensuring they remain pillars of financial inclusion in Kenya.

The Authority plans to extend similar programs to other counties — reinforcing its commitment to building resilient, well-governed, and transparent cooperatives nationwide.

For deeper insights into SACCO growth and transformation, visit Sacco Champions.