SASRA Board: Khadijah Secondary School Students Get Financial Literacy Boost in Mombasa

• SASRA conducted a Corporate Social Responsibility outreach at Khadijah Secondary School in Mombasa on March 12th, 2026.
• The event focused on providing financial literacy training for 174 Form Four candidates.
• SASRA's initiative may set a precedent for other financial institutions to prioritize corporate social responsibility and financial literacy programs.

This program is part of SASRA's broader efforts to enhance the financial knowledge and skills of Kenyan youth.

On Thursday, March 12th, 2026, the Savings and Credit Cooperative Societies Regulatory Authority (SASRA) conducted a Corporate Social Responsibility outreach at Khadijah Secondary School in Mombasa. The event was led by SASRA's Board of Directors and Senior Management, marking a significant initiative to promote financial literacy among Form Four candidates. This program is part of SASRA's broader efforts to enhance the financial knowledge and skills of Kenyan youth.

The outreach focused on providing 174 students with a comprehensive understanding of savings, financial planning, and responsible spending habits. The session aimed to equip these young individuals with essential tools for making informed decisions about their financial futures.

SASRA's corporate social responsibility initiatives are guided by the regulatory framework governing savings and credit cooperative societies in Kenya. As a key player in promoting financial inclusion, SASRA is obligated to support programs that enhance financial literacy among vulnerable populations. The Authority's efforts in this regard may set a precedent for other financial institutions to prioritize similar initiatives, potentially influencing their regulatory obligations.

In Kenya, the Cooperative Societies Act of 2008 provides a framework for cooperative societies to engage in corporate social responsibility activities. SASRA's actions align with this legislation, underscoring its commitment to promoting responsible business practices and community development.

SASRA's financial literacy program at Khadijah Secondary School is a critical step towards empowering Kenyan youth with essential life skills. As the country continues to develop its financial sector, initiatives like this one are crucial for promoting financial inclusion and stability. By prioritizing corporate social responsibility and financial literacy programs, SASRA is not only fulfilling its regulatory obligations but also contributing to the long-term economic growth of Kenya.

The success of this initiative may inspire other financial institutions to follow suit, leading to a broader impact on the country's financial landscape.

Lawyers and compliance officers should note this initiative by SASRA, which may set a precedent for other financial institutions to prioritize corporate social responsibility and financial literacy programs, potentially impacting their regulatory obligations.

Source: Original reporting via Empowering the Future: SASRA Takes Financial Literacy to Khadijah Secondary School, Mombasa