Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Fred Sitati The exponential growth of some Saccos can aptly be attributed to their decision to open their common bonds to attract persons from outside their original catchment areas. Such moves are welcome as long as they are done in reasonable measures and do not compromise the quality of services offered to members as…
By Wasike Elvis Uasin Gishu Governor, Jonathan Bii has distributed Ksh 46.8 million County Enterprise Development Fund (CEDF) to cooperatives and Saccos in to the six sub counties in the County. Speaking after distributing the Cheques governor Bii called on the beneficiaries to use the funds prudently. “We have distributed Sh 46.8 million to 27…
By Our Reporter Maize farmers from the North Rift region have urged the Government to announce the new prices of maize and buy the commodity from them. The farmers, from West Pokot and Trans-Nzoia Counties, lamented that they are being exploited by middlemen and brokers who buy maize from them at throw away prices despite…
By Peter Otuoro Over 5000 farmers in Nakuru County have been linked to their potential markets with the assistance of Vision Afrika Sacco to enable them sell their produce at a reasonable price. Vision Africa Sacco Marketing Manager Jane Mbinya said that the sacco has decided to initiate that program because of the problem faced by…
By Symon Mburia The Kenya Kwanza administration won the just concluded general elections on the promise to revolutionise the economy through the adoption of the bottom – up economic model. The model targets to grow the economy and create wealth by deliberate empowerment of the majority of citizens at the grassroots. If successfully implemented the…
By Emmanuel Gwakoi Gusii Youth Bunge Savings and Credit Cooperative Society has embraced non youths as it embarks on an ambitious program to open more branches and expand its financial activities within Kisii and Nyamira counties. The Society’s Chief Executive Officer Evans Makori said the management Board, chaired by Asha Moronya wants to open a…
By Tsozungu Kombe Imariki Sacco, formerly Kilifi Teachers Sacco, continues to improve the livelihoods of its members through the variety of savings and loan products it offers. The Kilifi based Sacco has grown to be one of the best saccos in Kenya. Zafarani Mkawasi Chisenga, a member of Imarika Sacco, and a former chairperson of…
By Felix Wanderi Property developers of mega housing projects have decried high taxation of construction materials which have made affordable housing projects a pipedream. Speaking during the Safaricom Investment Co-operative (SIC) groundbreaking ceremony for the Ksh 750 million 450 Miran Residence in Ruaka, Kiambu county, SIC Chairman Peter Gichangi urged the government to subsidize the…
By Obegi Malack obegimalack @gmail.com Magadi Road Zone Online Drivers Association chairperson Julius Nyambok has urged online drivers to join Saccos. Nyambok said the drivers will expand their businesses if they work together and put their money in their Sacco. “The Sacco will empower you to have your own taxi, for those who get hired,…
By Benedict Ngetich The national government through the State Department of Youth Affairs has disbursed over Ksh 8 million to Bureti sub-county youth groups to spur entrepreneurship and economic growth. The 106 groups drawn from different locations within the area received cheques of between Ksh 50,000 to Ksh 400,000. Speaking in his office, Bureti sub-county…
