Cooperatives and Micro Small Enterprise Development CS Wycliffe Oparanya has praised the cooperative movement for its significant role in Kenya's economic development. He noted that savings and credit cooperatives (saccos) and other cooperatives greatly contribute to the country's gross domestic product and improve livelihoods across various sectors, including agriculture, education, and the environment.
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Deputy President Kindiki emphasized the importance of cooperatives in driving Kenya's economic transformation, highlighting that approximately 14 million Kenyans are members of such organizations. This includes 8 million individuals who are part of Savings and Credit Cooperative Organisations (SACCOs), which together manage savings exceeding Sh1 trillion.
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