The SACCO is mandated to:
- Encourage thrift among its members by affording them an opportunity for accumulating their savings;
- Create a source of funds at a fair and reasonable rate of interest;
- Provide an opportunity for each of its members to improve the members respective economic and social conditions;
- Provide members with credit for purposes of provident or production or both;
- Offer to the members complementary savings and credit services and other financial products as may be required by the members from time to time;
- Ensure safety and soundness of the member’s funds through a risk management programme or appropriate insurance coverage
- Ensure the progress of its members by educating them continuously on the proper use of credit
- Perform the functions and exercise the powers designated for savings and credit cooperative societies under the applicable law for the benefit of the members.