You may have seen over mainstream media and social media about the insolvence of the Kenya Union of Savings and Credit Cooperatives (KUSCCO). We wish to assure you that Stoke UK Diaspora Sacco has not been impacted in any away and remains financially stable. We have not invested in KUSCCO. Our operations, member savings, and loan services continue as usual, and there is no cause for concern.
In investing, we have always maintained prudent financial management with strong internal controls, governance structures, and compliance with regulatory requirements to safeguard members’ deposits.