Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Joseph Mukubwa Othaya Coffee Farmers Co-operative Society has released Sh43 million advance payment to coffee farmers. The Society Chairman, Mr James Gathua said that the payments were released to over 11,000 small scale coffee farmers in Othaya, Nyeri County. “This is just an advance of Sh20 per kilogramme which will help the farmers to…
By Johnston Kieti Farmers in need of loans in Samburu County have found relief after Agricultural Finance Corporation (AFC) reopened its branch in Maralal town. The branch collapsed in 1992 after farmers failed to repay loans within the required time. Speaking during a re-opening ceremony, AFC’s Head of Operations Millicent Omukaga said the new branch…
By Jacky Soy Small-scale tea growers supplying their produce to Rorok Tea Factory in Konoin have petitioned the members of Bomet County Assembly to pass a motion compelling Kenya Tea Development Authority (KTDA) to separate them with farmers from Kapset Tea Factory. The farmers who have boycotted plucking tea for some days said they want…
By Peter Changtoek Members of a youth Sacco in Kiserian have protested over a move by the officials to relocate the Saccos’s offices. The National Youth Service Sacco members, who demonstrated in the streets of Kiserian, stormed the new offices located at Baraka Business Centre and demanded that the officials refund their money. They accused…
By John Ochieng Women groups who are benefiting from the Women Enterprise Funds have been advised to repay the loans so as to empower other women. Prof Collette Suda, the Principal Secretary, State Department of Higher Education, Ministry of Education Science and Technology said most of the women groups have not taken seriously the importance…
By Erick Nyayiera Co-operative movement in Nyanza needs to up its game and local farmers have been asked to join saccos so as to have a quicker access to loans for agribusiness. Agricultural Finance Corporation’s Regional Manager for the Western and Nyanza Martha Ayodo says that most farmers in Nyanza still practise subsistence farming a…
By Our Reporter The Kisii County Commissioner for Co-operatives and Marketing Vincent Kenyariri has said both the National and County governments will continue working as a team to better the lives of Kenyans by empoering them to be self-reliant. The commissioner was addressing Kisii County youths during a briefing session on the Government plans to…
By Enock Okong’o The Kisii Youth Bunge Sacco has entered an agreement with United States Agency for International Development and Kenya Union of Savings and Credit Co-operatives aimed at benefitting more youths in the county. USAID Triangular Institute will train youths who never went beyond Form Four to acquire skills that will enable them to…
By Erick Nyayiera Teachers have been urged to embrace the saving culture and join Saccos so that they are able to reap profits from loans through initiating profitable projects. Kuppet Vice Chairman Julius Korir and Siaya County Director of Teachers Service Commission Samwel Marigat said that majority of teachers have not embraced the saving culture…
By Our Reporter National Co-operative Housing Union Chair Francis Kamande has said that only 16 per cent of urban dwellers own houses while the rest live in rented houses. Kamande said by 2030, at least 50 per cent of Kenyans will be living in towns hence the need to invest in real estate. “In 2009,…
