Kenya Union of Savings and Credit Co-operatives (KUSCCO) has changed its name to You & Me Housing Co-operative. In a message to members, the Union says it has always operated independently as a primary co-operative. “Formerly known as KUSCCO Housing Co-operative, the Society was rebranded to You & Me Housing Co-operative following a members’ resolution […]
Kenya Union of Savings and Credit Co-operatives (KUSCCO) has changed its name to You & Me Housing Co-operative.
In a message to members, the Union says it has always operated independently as a primary co-operative.
“Formerly known as KUSCCO Housing Co-operative, the Society was rebranded to You & Me Housing Co-operative following a members’ resolution passed during the SGM held on 10th September 2025,” the co-operative said.
This comes days after the Commissioner for Co-operative Development cancelled the registration of KUSCCO and ordered its liquidation over liquidity challenges that prevented the union from achieving its objectives.
“Now, therefore, pursuant to section 62, I cancel the registration of the KUSCCO and order that it be liquidated,” Commissioner for Co-operative Development David K. Obonyo said in a notice issues on August 31, 2026.
Mr. Obonyo added that Peter Wanjohi Kiama, Habil Olembo Jesse and Mariam Adam Abubakar have been appointed as liquidators for a period not exceeding one year to take custody of the union’s assets, books and records and complete the liquidation process.
KUSCCO, which started as the umbrella advocacy body for Savings and Credit Co-operative Societies(SACCOs), has been on the news over Shh13.3 billion financial scandal that has left members worried about the safety of their savings and investments.
