This archive report was first published on 19 December 2019.
As of 2019, Kenya's co-operatives sector was estimated to be worth over a trillion shillings, with 23,000 registered cooperative societies and a total membership of 14 million.
The sector was also estimated to have KSh732 billion in members' savings, a balance sheet size of KSh 1 Trillion, and a loan portfolio of more than KSh 700 billion.
However, since 2013, challenges have emerged in the compilation and subsequent reporting on co-operative performance and status, with annual reports from counties no longer being submitted to the state department.
According to the National Co-operative Policy, the lack of co-operative data and statistics has hindered the aggregation of data into national economic statistics, such as GDP, savings, investments, and employment, to inform policy.
To address this, the State Department for Co-operatives has invited technical and financial proposals from eligible consulting firms to undertake a nationwide Co-operative Sector Survey.
The survey aims to establish the economic contribution of co-operatives to the Kenyan economy, including their contribution to various economic sectors, national savings, national tax revenue, and waged employment.
The survey will also develop a standard reporting template for periodic data collection and reporting, and will cover the distribution of co-operatives by county, nature of business, and type of activities/commodities.
The deadline for bids is December 23rd, 2019.