Employers owed Savings and Credit Cooperative Societies (SACCOs) Sh3.92 billion in unremitted funds in 2025, up from Sh3.49 billion a year earlier, as a growing amount of members’ deductions failed to reach their cooperatives.
Data by Sacco Societies Regulatory Authority of non-remitted funds shows that the amount increased by Sh430.24 million, or about 12.3 per cent, between 2024 and 2025.
SASRA CEO David Sandagi said the number of SACCO members affected by non-remittance, however, rose much faster, increasing from 55,602 in 2024 to 104,331 in 2025 an increase of nearly 88 percent.
“About Sh3.92 Billion in SACCO deductions remained unremitted in 2025, affecting 104,331 members. Timely remittance safeguards member savings, strengthens SACCO liquidity and protects financial inclusion,” said Sandagi.
County governments and assemblies accounted for the largest share of the unpaid funds, with Sh1.88 billion owed in 2025 compared with Sh1.61 billion in 2024. The category also had the highest number of affected members, rising from 32,573 to 52,746.
State corporations recorded one of the sharpest increases in outstanding funds. Their unpaid amounts nearly tripled from Sh164.76 million in 2024 to Sh480.55 million in 2025. The number of affected members also jumped from 2,226 to 7,668.
Constitutional organisations recorded a particularly steep increase in non-remitted funds, from Sh6.76 million in 2024 to Sh204.74 million in 2025. The number of affected members increased from 512 to 9,389.
National government ministries also recorded an increase, with unremitted funds rising from Sh129.72 million to Sh157.99 million, while affected members surged from 3,783 to 19,667.
Public universities and tertiary colleges reported a slight decline in outstanding funds, from Sh762.27 million to Sh725.91 million, despite the number of affected members increasing from 6,837 to 6,928.
Private sector companies were among the categories to record a reduction, with outstanding funds falling from Sh433.87 million to Sh345.27 million. Their affected membership nevertheless increased from 3,770 to 4,836.
Public sector companies, including water companies, recorded the largest decline in unpaid funds, from Sh265.77 million to just Sh20.90 million, although affected members fell from 4,108 to 1,297.
The SASRA supervisory report further notes that Kenya’s regulated savings and credit co-operative societies (SACCOs) held assets worth Sh1.28 trillion as of August 31, 2026, underscoring the growing size of the sector in mobilising savings and providing credit.
Total assets stood at Sh1.278 trillion by the end of August, while gross loans reached Sh998.26 billion.
The data indicate that loans accounted for a significant share of SACCO assets, with total deposits standing at Sh896.64 billion, providing SACCOs with a major source of funds for lending to members.
The regulated SACCO sector also held Sh272.54 billion in capital reserves and retained earnings, providing a financial cushion to support operations and absorb potential losses.
SASRA data further shows that regulated SACCOs had disbursed Sh237.86 billion in credit during the period covered by the latest industry performance update.
