By Kage Njoroge
Kenyans have been advised to embrace a saving culture to enable them get adequate funds for sustainable investments.
Speaking during the reopening of the refurbished Kirwara branch of Amica Sacco, Bishop James Wainaina of Murang’a Catholic Diocese said the best formula for ordinary people to tackle poverty is to save and invest wisely.
He remarked that financial growth is important for Christians to enjoy a good life.
He noted that the Covid-19 pandemic imparted the people negatively forcing many businesses to incur huge losses.
“Despite the challenges of the global pandemic, Kenyans are determined to move on and confront the emerging issues with courage.
The bishop called on the management of Amica Sacco to develop quality financial products and services which will address various needs of different consumers.
“Innovative products will attract new consumers,” he said.
He also urged the leaders to observe high standards of integrity and make the Sacco a blessing to the shareholders and stakeholders.
“I urge like to urge the Sacco management to support small holder farmers to grow value chain so as to get more benefits form the labour,” he said.
The bishop urged local residents to support the Sacco by patronizing and consuming its products and services which have friendly terms.
Amica Sacco Chairman Hezron Maina Muchiri added that the Sacco is continuously addressing the needs of different clients.
He revealed that the Sacco has laid out plans to reach many regions in the country.
Sacco CEO James Mbui disclosed that the Sacco has halted its plans of opening of new physical branches and instead will use digital technology to serve the clients.
Mbui pointed out that the Sacco has embraced digital driven banking and its products and services are available in the digital platforms.
“Over 60% of our active clients are currently transacting their activities on the digital platforms,” he proudly said.
He added that Amica Sacco has developed a strategy to build the capacities of the clients to empower them to grow their enterprises and generate wealth.