What is SASRA Returns?

SASRA returns are the periodic reports a SACCO within SASRA's mandate must submit to the regulator, covering matters such as its financial position, capital and liquidity ratios, loan classification and provisioning, and governance. The specific returns, their content, frequency and format are set by the regulator and are revised.

A real Kenyan example

A SACCO selecting a management system asks the vendor to demonstrate producing the current returns rather than accepting a feature-list claim, because a module built against an older format is worse than none.

Why it matters

Returns are how supervision actually happens between inspections, and a SACCO that cannot produce them reliably has a system problem that will become a regulatory problem. For a SACCO choosing software, this is the requirement most often asserted and least often demonstrated.

FAQs

What returns must a SACCO file with SASRA?

The required returns, their content and their frequency are set by the regulator under the Sacco Societies Act and the regulations, and they change. Confirm the current requirements with SASRA directly rather than relying on a list published elsewhere.

How often are SASRA returns filed?

Frequencies differ by return type and are set by the regulator. Confirm the current schedule with SASRA.

What happens if a SACCO files late?

Late or inaccurate reporting is a supervisory matter and the consequences are set out in the applicable law and regulations. Treat the filing calendar as a board-level obligation rather than an administrative task.

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What is SASRA Returns?

A real Kenyan example

Why it matters

FAQs

Related terms