Sacco Review

Siaya traders get KNCCI loans

By Erick Nyayiera  Small scale traders in Siaya County have received business loans from Kenya National Chamber of Commerce and Industry (KNCCI’s) MasterCard programme.  The KNCCI Siaya branch Chairperson Mrs. Roseline Omuga said the first group of traders at Kambare trading center in Gem sub-county have received a minimum of Sh30,000 interest free loans.  She…

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Co-operatives raised Sh13 million to fight Covid-19

By Roy Hezron Cooperative societies raised a total of 13 million to the Co-operative Coronavirus Response Committee (CCRC) to fight the Covid-19 pandemic. The committee was constituted by the Department of Co-operatives to cushion vulnerable members in the co-operatives sector who were heavily affected by the pandemic. Speaking to Sacco Review, Commissioner for Co-operatives Mr….

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CEOs of Fraudulent Co-operatives will be charged

By Roy Hezron Cooperative society managers will soon be required to be fully registered and certified members of Kenya Society of Professional Co-operators (KSPC). Those targeted include Chief Executive Officers (CEOs) and others holding senior managerial positions in the cooperatives sector. “Those measures are meant to restore the image of the multi-billion sector which has…

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