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Mwalimu Sacco takes huge leap in deposits

By NICHOLAS WAITATHU

Savings and Credit Cooperatives (Saccos) recorded 17.7 per cent asset increase for the period ended December 2012.  Their assets increased to Sh293 billion in 2012 from Sh249 billion in 2011 while total membership for the sector grew by 15 per cent from 2.6 million in 2011 to 3 million in December 2012.

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