This is to inform all members that Wakenya Pamoja SACCO Society Ltd will register with a Credit Reference Bureau (CBR) in 30 days. Consequently, non-performing loans (unpaid for 90 days and above), will be listed as provided under section 18 of the Credit Reference Bureau Regulations 2013.
Members with loans in default are hereby notified to clear their loans or visit the SACCO offices within 30 days with a repayment plan. Failure to comply will lead to listing of the defaulters. Members are also informed that loans listed with the Credit Reference Bureau remain listed for a period of five (5) years even after clearance of the defaulted loan, therefore affecting access to credit from other financial institutions.
Chief Executive Officer
Wakenya Pamoja SACCO Society Ltd.