Sacco Review

Capital Sacco introduces loan product for schools

By Kinoti Murithi Capital Sacco has launched a loan product to assist schools to construct classes, dormitories, administration blocks, halls and laboratories. The loan product can also be used to finance construction and equipping of laboratories, kitchens, toilets and gates. Capital Sacco has tailored its loan product to cater for specific needs of any school….

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Kilifi County Co-op members’ deposits shoot up

By Tsozungu Kombe Kilifi County Cooperative members have improved their deposits substantially. Speaking during this year’s Ushirika Day celebrations held at Barani Secondary School in Malindi town, the County Trade, Industrialisation and Cooperatives Development Ministry Chief Officer, Patience Tsimba Umazi said prior to devolution, the deposits stood at Sh 2.3 billion but have now shot…

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Gastameco Sacco rebrands to Biashara Tosha

By Munene Maina Rural-based Gastemeco Sacco has now changed its name to Biashara Tosha Sacco as it sets out on a new growth path that will enable the Society become more reputable, expand its reach beyond Embu County and improve service delivery to members. Biashara Tosha, established, eleven years ago in Manyatta Sub County, Meru,…

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Kitui County invests big in Sacco sector

By Boniface Mulu Kitui County Government has constructed 16 honey processing factories for local beekeeping cooperators, a juice processing factory for the Mwingi Horticulture Farmers Cooperative Society Limited in Mwingi sub county, among other projects. County Trade, Industry, ICT and Cooperatives Development CEC, Jonah Mwinzi, said the county government has also purchased a milk cooler…

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Kisii County Govt blamed for neglecting Co-op sector

By Elijah Nyaanga The Kisii County Government has been accused of neglecting the Cooperative sector by not allocating resources to facilitate its activities and finance members. Speaking during the July 2 County’s Ushirika Day celebrations held at the Gusii Coffee Cooperative grounds in Kisii town, Development Committee Chairman, Stephen Ogamba challenged the Government to factor…

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