Youth - Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya

Ndege Chai Sacco targets youth recruitment for sustainability

Ndege Chai Sacco has doubled marketing efforts to attract more youthful members to the society. The Chairman Supervisory Paul K.Mutai told delegates that there was need to focus marketing efforts towards the younger generation to ensure sustainability of the Sacco adding, “as the economy improves opening up opportunities for employment and business for the youth,…

Cooperatives urged to embrace youth leadership

Sacco Review6 months ago6 months ago02 mins

Uasin Gishu Chief Officer for Cooperatives and Enterprise Development Ruth Samoei has urged cooperative societies to allow young people in their management. Speaking during a visit to the Kipsonoi Dairy Cooperative Society in Bomet County, Samoei noted that most cooperatives are run by old folks and that there is a need for a paradigm shift…

Bungoma County leaders urge youth to embrace avocado farming

Sacco Review6 months ago6 months ago04 mins

Bungoma county leaders have urged the youth in the region to embrace hass avocado farming as an alternative source of income. Speaking during the official opening of Sisi Village produce demonstration centre for hass avocado and bee keeping projects in Kanduyi constituency, area MP John Makali and his Bumula counterpart Jack Wamboka urged locals to…

Bungoma County leaders urge youth to embrace avocado farming

Sacco Review7 months ago7 months ago04 mins

Bungoma county leaders have urged the youth in the region to embrace hass avocado farming as an alternative source of income. Speaking during the official opening of Sisi Village produce demonstration centre for hass avocado and bee keeping projects in Kanduyi constituency, area MP John Makali and his Bumula counterpart Jack Wamboka urged locals to…

How to get reluctant youth to join Saccos

Sacco Review7 months ago7 months ago05 mins

The best choice for the youth to achieve the much sought after financial empowerment is for them to join good Saccos. Offering young entrepreneurs admission into Saccos and other accelerators alleviates the risk and fear that comes with taking the leap into entrepreneurship alone. Enterpreneurhsip is an area where many youth have feasible ideas about…

Diversify from check-offs to MSME markets, Saccos challenged

Sacco Review8 months ago8 months ago05 mins

Cooperative Commissioner David Obonyo has called for a paradigm shift on how Saccos conduct their businesses, warning that relying on the check off system is no longer tenable. Most Saccos, Obonyo stated, were employee-based that depend on a check off at the end of the month to give loans, turning their back on millions in…

SASRA report suggests why youth should invest in Saccos

Sacco Review8 months ago8 months ago06 mins

While Saccos have been in existence for years and being lauded as priceless savings and credit extension avenues, it now looks quite challenging to convince the youth to save in Saccos. The Sacco sub-sector Demographics Study Report of 2019 released by Sacco Society Regulatory Authority (SASRA), which carried an in-depth study on age and gender…

Kilifi youth urged to embrace Uwezo Fund to boost income

Sacco Review8 months ago8 months ago01 mins

Youth in Malindi sub county, Kilifi county have been urged to take advantage of Uwezo Fund to boost their businesses. Speaking to Sacco Review, Malindi sub county Youth Development Officer Mtana Mwahunga urged the youth to form groups to enable them to access the Fund to expand their businesses. “The Fund will help address the issue…

Saccos shift to issuing loans against personal security

Sacco Review8 months ago8 months ago07 mins

Savings and Credit Cooperative Societies (Saccos) are increasingly following in the footsteps of commercial banks by using personal security such as title deeds and log books instead of guarantors when issuing loans. An analysis by Sacco Review indicates that the number of Saccos giving members the option is on the rise and that the new…

‘Worker Cooperatives’ key to actualization of the Hustlers Agenda

Sacco Review8 months ago8 months ago06 mins

The Kazi Mtaani Programme was launched in April 2020 to cushion the unemployed youth from the adverse effects of the Covid-19 pandemic across the 1450 wards in the country. Those recruited into the programme mainly engaged in menial jobs in urban areas. Though the programme was at times characterized by intermittent delays in payments, it…