SACCOs

Functions of SASRA (Sacco Societies Regulatory Authority): Full List

Kenyan businesswoman in her office – functions of sasra
Kenyan businesswoman in her office. Photo: DorahMalemba / CC BY-SA 4.0 via Wikimedia Commons

SASRA is the state regulator for Saccos in Kenya. Its mission, in its own words, is to regulate, supervise and develop the Sacco industry to protect members’ interests, enhance access to financial services and foster financial stability.

Traders at a market in Murang'a, Kenya – illustrating functions of sasra
Traders at a market in Murang'a, Kenya. Photo: <a href="//commons.wikimedia.org/w/index.php?title=User:Robertwhisps&action=edit / CC BY-SA 4.0 via Wikimedia Commons

Updated and fact-checked on 14 October 2026 against official sources listed below.

SASRA’s functions (mandate under the Act)

  1. License Sacco societies to carry out deposit-taking business under the Sacco Societies Act, No. 14 of 2008.
  2. Regulate and supervise Sacco societies.
  3. Hold, manage and apply the General Fund of the Authority under the Act.
  4. Levy contributions under the Act.
  5. Do such other things as may be lawfully directed by the Minister.
  6. Perform other functions conferred by the Act or any other written law.

Source: SASRA – About Us (mandate under the Sacco Societies Act, 2008).

What this means for members

Only Saccos licensed (deposit-taking) or authorised (non-withdrawable deposit-taking) by SASRA fall under its supervision. Check whether your Sacco is on SASRA’s published lists before depositing – see our SASRA licensed Saccos list.

Contacts

SASRA lists +254 (20) 2935101, info@sasra.go.ke and UAP Old Mutual Tower, 19th Floor, Upper Hill Road, Nairobi (SASRA – About Us (mandate under the Sacco Societies Act, 2008)).

Frequently asked questions

What does SASRA do?

It licenses deposit-taking Saccos and regulates and supervises Sacco societies, among other functions under the Sacco Societies Act, 2008.

Under which law does SASRA operate?

The Sacco Societies Act, No. 14 of 2008.

Related: SASRA licensed Saccos list · Saccos

Sources

Norah Waceke

About Author

Norah Waceke is a business journalist and editor at Business Radar with more than eight years of experience covering Kenya's economy, companies and markets. She previously worked at Kenyans.co.ke, one of the country's leading digital news platforms, where she reported on business, finance and current affairs. A graduate of Multimedia University of Kenya, Norah focuses on clear, accurate reporting that helps readers understand the money stories shaping their lives and businesses.