In the 2024 ADM, management was granted authority to seek registration of FOSA services.The registration process with the regulator (SASRA) was initiated and a letter of intent was granted in April 2025.The Sacco was directed to have the requisite physical infrastructure in places in cewe had complied with all the other regulatory requirements. The physical infrastructure included a banking hall and a strongroom. The Board engaged an architect and a quantity surveyor to assist with coming up with the requirements. The architect offered advice and drawings on how the Sacco could reorganize the current space while the Quantity Survey or advised on the costs involved. The report from the above two experts indicated the renovation cost will be around Kshs. 4 Million. This project cost was deemed to be too high by the board in view of the current plans to construct a Sacco office and relocate in the next two years. The board opted to fast-track the Sacco’s own office construction and rollout the FOSA services in that new office.
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