SACCO Principal Activities

TCRA Savings and Credit Co-operative Society Limited is charged with the functions of:

  1. Receiving shares and savings contributions from members
  2. Issuing soft loans to members.
  3. Promoting other people to join the Society.
  4. Increasing Society’s capital by: –
  • Encouraging Members to increase their shares and savings from time to time
  • Improving members activities such as individual projects which will increase income for them as agreed by the Annual General Meeting
  • Investing excess funds in other Financial institutions by acquiring government bonds after settling aside funds for credit services to members
  • Establishing and developing development activities for members benefits as approved by members at Annual General Meeting and permission from the Registrar of Co-operatives.