UNDERSTANDING GOVERNANCE IN ZOGHORI SACCO
ZOGHORI SACCO stands as a beacon of community-driven financial empowerment. Our governance framework is central to ensuring transparency, accountability, and sustainable growth. Effective governance not only safeguards members’ savings but also builds trust across local and diaspora communities.
Core Principles of ZOGHORI SACCO Governance.
- Member-Centric Leadership: Governance begins with prioritizing members’ interests. ZOGHORI SACCO emphasizes democratic participation, where each member has a voice in decision-making.
- Transparency & Accountability: Regular reporting, clear communication, and audited financial statements ensure members remain informed and confident in the SACCO’s operations.
- Compliance with SASRA Regulations: Adhering to Kenya’s SACCO Societies Regulatory Authority (SASRA) guidelines strengthens credibility and minimizes risks.
- Ethical Leadership: Leaders are expected to uphold integrity, fairness, and inclusivity, fostering trust across diverse communities.
Governance Structures
- Board of Directors: Provides strategic direction, policy oversight, and ensures compliance with regulatory frameworks.
- Supervisory Committee: Acts as an internal watchdog, monitoring financial practices and safeguarding members’ funds.
- Management Team: Executes daily operations, guided by policies set by the board, ensuring efficiency and member satisfaction.
ZOGHORI SACCO’s governance is more than a compliance mechanism—it is the backbone of trust, growth, and community empowerment. By aligning governance with innovative strategies, ZOGHORI SACCO has achieved and will continue to achieve sustainable expansion, deepen member loyalty, and strengthen our role as a transformative financial institution.