Maendeleo ya Wanawake Organisation has advised women in Nyanza to join savings and credit co-operative societies (Saccos).
Speaking during Rachuonyo East Entrepreneur Sacco’s Annual General Meeting (AGM) in Kabondo Kasipul, chairperson Rahab Muiu and area MP Eve Obara told women that Saccos have many benefits including transforming livelihoods.
“Saccos have improved the lives through the financial services they offer. I urge women in Nyanza region to join Saccos,” said Muiu.
READ ALSO:
Dr Obara, on her part said that failure to save has led to poverty level surge. “Saccos inculcate the spirit of savings culture among communities. Some Saccos also have health insurance programs. I urge my fellow women to join Saccos,” said Dr Obara, adding, “Saccos provides opportunities for wealth creation and enhances the dignity of borrowers.”
“A Sacco enables one to borrow funds with dignity because they lend the amount of money one applies for based on their savings,” she added
The leaders also told participants on the importance of healthcare advising them to embrace the use of Sawa Water Can to purify water.
Get more stories from our website: Sacco Review.
For comments and clarifications, write to: Saccoreview@
Kindly follow us via our social media pages on Facebook: Sacco Review Newspaper for timely updates
Stay ahead of the pack! Grab the latest Sacco Review newspaper!
