The Kenya Union of Savings and Credit Co-operatives (Kuscco) has issued compensation of Sh152.4 million to saccos after offloading non-core assets and stepping up loan recoveries, marking the latest phase of its effort to refund co-operatives facing a major loss in the financial heist.
The umbrella body of saccos says the amount builds up on Sh216.9 million paid out last year and brings the total compensation to the affected saccos to Sh369.3 million.
