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Describe the distinguishing features of Savings and Credit Co-operative Societies (SACCOs) in Kenya and explain how SACCOs exposure to liquidity risks, credit risks and interest

Describe the distinguishing features of Savings and Credit Co-operative Societies (SACCOs) in Kenya and explain how SACCOs exposure to liquidity risks, credit risks and interest rate risks differs from those of the other financial institutions in Kenya. (11 marks)

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