It’s Beneficial to Be in a Transport Service Cooperative Than in Sacco

Abstract

A fortnight ago (Daily Nation, April 5, 2022), I argued that matatus and boda bodas should be organised into transport service cooperatives rather than saccos. As if on cue, on April 6, 2022, the Commissioner of Cooperatives directed that they be so registered.

Saccos address the socioeconomic wellbeing of members through provision of affordable loans. The reason matatus and boda bodas are being organised into groups is not to access loans. No. It is to provide quality service to customers.