Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Wesley Ken Kimisitu Sacco plans to introduce a Front Of¬fice Service Activity (FOSA) wing to offer basic banking services to members. The front office will enhance efficiency in providing services to its members to meet their banking needs and other financial services which will complement products and services offered by the back office services….
By Mary Ndung’u According to data from Sacco Societies Regulatory Authority (SASRA) supervision report for the year 2016, the five largest Deposit taking Saccos based on turnover had a combined total of 39 branches. The Sacco with the highest number of branches in this category had 15. On the other hand, the 5 smallest deposit…
By Achola Mathews Teachers have been urged to embrace the saving culture and join saccos so that they are able to reap big profits from loans and profitable projects. Knut executive secretary Teso branch Deogratius Owaya called on teachers to start saving and investing in projects that will help them in future. Owaya said the…
By Godfrey Wamalwa Founder members of a Busia WhatsApp Group have created history by converting into a Savings and Credit Co-operative Society Limited aimed at empowering members economically. Matayos Reality WhatsApp Group has formally been converted to Matayos Reality Sacco with over 30 members becoming members after paying subscription fee of Sh200 and monthly contribution…
By Staff Writer Small business owners in Kakamega County have formed a Sacco to enhance their businesses growth. “It will offer loans and business skills so that traders do not rely on hand-outs from politicians,” said Women Representative Elsie Muhanda. Muhanda, who spearheaded the Sacco’s formation, said it will offer members loans and training on…
By Stephen Makabila Imarisha Sacco Chief Executive Officer (CEO), Mr Mathew Rotich has urged youths in the country to join and invest in Saccos for their own economic advancement. Rotich who was confirmed as Imarisha CEO in February this year, noted that most Saccos have ageing members and young people need to join particularly at…
By Erick Nyayiera Disinterest in fish farming and other attitudes are to blame for Nyanza residents’ low uptake of the loans and incentives by the National Government targeting fisher folk. The Government is, however, determined to change this and already has involved 60 youths’ co-opratives in a pilot aquaculture project, according to Joe Robert Okudo,…
By Erick Nyayiera Kenyan farmers have been urged to come up with innovations which can help boosting their crop and livestock production. Kenya Agricultural and Livestock Research Organization (KALRO) Deputy Director General, Dr. Felister Makini said it is only through innovations that farmers can be able to overcome their day-to -day environmental challenges. She said…
Migori County residents have been encouraged to embrace co-operative societies in a bid to improve economically. Migori County Lands and Co-operatives Minister, Elizabeth Ochae said the county has always given necessary support to the cooperative societies in the region. She promised that it will continue working together and support co-operative societies. She urged the residents…
Unga Holdings Ltd has launched a new fish feed for fish farmers. The firm’s General Manager, Mr Dickson Jawichre, speaking during the launch of the fish feed in Siaya town recently said the feed will help boost fish production among small scale farmers keeping fish in ponds as well as those using cages. The pellets…
