Panda Non-WDT Savings and Credit Cooperative Society was registered in 2003 under the Cooperative Societies Act by then-employees of Panda Flowers.
In 2016, Panda SACCO was licensed to conduct deposit-taking business under the SACCO Society Act of 2008. Under the watchful eye and regulation of the SACCO Societies Regulatory Authority (SASRA), the society continues to respond to the emerging and growing needs of its members.
The objective of the society was to create a vehicle to promote a savings culture among the members and to lend out loans to the members for personal development, school fees, and emergency expenses.
Currently, their asset base stands at KES 3.3 billion; their loan portfolio is KES 2.9 billion. The assets are supported by member deposits of over KES 114 million, share capital of KES 15 million, and other liabilities (audited report FY/2022).
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