Nairobi, Kenya- If you’re a member or creditor of Awe Diaspora Savings and Credit Co-operative Society Limited, the clock is ticking.
The SACCO’s liquidator, Susan Ong’ondi, has officially set May 5, 2025, as the final date to submit claims. Miss it, and you might be out of luck.
What You Need to Know
Ong’ondi, who was appointed to oversee the liquidation process, issued a formal notice urging affected parties to file their claims as soon as possible.
“I urge all stakeholders to submit their claims before the deadline to ensure a smooth and fair process for everyone involved,” she stated.
Claim submissions are already open, and those with financial stakes can submit their claims either via mail or hand-deliver them to: Social Security House, Block ‘A’, Western Wing, 17th Floor.
You might want to get started on that paperwork now because once the deadline passes, there’s no going back.
The SACCO’s financial troubles have left members scrambling, and the liquidation process has raised concerns about how much creditors will recover.
While liquidations are never a smooth ride, filing a claim ensures you have a shot at getting back what’s owed to you.
This is not the first SACCO to face liquidation in Kenya, and it likely won’t be the last.
With the SACCO industry facing increased scrutiny, members are advised to stay informed and proactive in safeguarding their investments.
If you’re affected by Awe Diaspora SACCO’s liquidation, don’t wait until the last minute.
Ensure your claim is properly documented and submitted before May 5, 2025, to avoid missing out on potential reimbursements.
