Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Our Reporter Bungoma County Governor Wycliffe Wangamati has called for concerted efforts by all stakeholders to revive the co-operative movement. Addressing Ngarisha Sacco members during the Sacco’s Annual General Meeting (AGM), Mr Wangamati said co-operatives will boost the county’s economy. He said that through co-operatives, residents will benefit from a variety of investment opportunities…
By Aggrey Buchunju Members of Relisa Housing Co-operative Society Ltd Bungoma branch, have resolved not to sell Finlay House. The society members were divided over whether the house should be sold and shareholders share the proceeds or not, during their education meeting day at Bungoma Railway station recently. The decision was reached by a majority…
By Benedict Ngetich and Jackline Chepkorir. The new management of Stegro Savings and Credit Society has paid out Sh120 million accumulated tea bonus to farmers. The CEO, Mr Geoffrey Chepkwony said the payments were part of accumulated bonus by farmers who had not been paid by the previous management. Accompanied by the Chairman of the…
By Munene Maina Saccos have been urged to follow up on their members to ensure they make proper investments from the loans they get. This will help reduce the number of loan defaulters in the sector according to James ole Nkiti, a Manager with KUSCCO. “Let the Sacco invest in members’ education and training to…
By Enock Kipturgut Uasin Gishu County Executive Committee Member (CEC) in Charge of Trade, Industrialization, Cooperative and Enterprise Development Esther Mutai has challenged Saccos across the county to embrace marketing through the use various communication channels. The channels, she said include social media platforms such as Facebook, WhatsApp and Instagram. “Delegates and members should use…
By Our Reporter Kericho County Director of Co-operatives Leonard Otii has asked Sacco delegates to be in the forefront in marketing their Saccos to attract more membership. Otii also said Sacco delegates should lead by example by being in the forefront of buying shares to boost stability of their Saccos. Otii spoke during this year’s…
By Munene Maina More farmers in co-operatives are set to benefit from agriculture loans that will improve their income. World Council of Credit Unions (WOCCU) has extended its partnership with societies in the country to support more farmers. Recently, WOCCU Chairman Brian McCrory and President Brian Branch visited Siraji Sacco in Timau for a partnership…
By Munene Maina More farmers in co-operatives are set to benefit from agriculture loans that will improve their income. World Council of Credit Unions (WOCCU) has extended its partnership with societies in the country to support more farmers. Recently, WOCCU Chairman Brian McCrory and President Brian Branch visited Siraji Sacco in Timau for a partnership…
By Enock Kipturgut Deputy Commissioner for Cooperatives Development and Marketing Stanley Ongeti has lauded Boresha Sacco for its major strides in branch expansion beyond its base. Speaking the 27thAnnual Delegates Meeting held in Eldama Ravine, the Commissioner said that Boresha Sacco is among a group of large Saccos across the country due to its resource…
By Munene Maina Laikipia West Co-operative Officer Rosemary Ngugi has cautioned residents against joining any new Sacco that opens offices in the area without knowing them better. She noted many Saccos were opening branches in the area and it was prudent for the public to seek more information before saving their money with them. “We…
