Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Our Reporter The Kisii County Commissioner for Co-operatives and Marketing Vincent Kenyariri has said both the National and County governments will continue working as a team to better the lives of Kenyans by empoering them to be self-reliant. The commissioner was addressing Kisii County youths during a briefing session on the Government plans to…
By Enock Okong’o The Kisii Youth Bunge Sacco has entered an agreement with United States Agency for International Development and Kenya Union of Savings and Credit Co-operatives aimed at benefitting more youths in the county. USAID Triangular Institute will train youths who never went beyond Form Four to acquire skills that will enable them to…
By Erick Nyayiera Teachers have been urged to embrace the saving culture and join Saccos so that they are able to reap profits from loans through initiating profitable projects. Kuppet Vice Chairman Julius Korir and Siaya County Director of Teachers Service Commission Samwel Marigat said that majority of teachers have not embraced the saving culture…
By Our Reporter National Co-operative Housing Union Chair Francis Kamande has said that only 16 per cent of urban dwellers own houses while the rest live in rented houses. Kamande said by 2030, at least 50 per cent of Kenyans will be living in towns hence the need to invest in real estate. “In 2009,…
By Kamundia Muriithi A Ward Representative has petitioned the Embu County Assembly to draft a law compelling state security organs to protect dried coffee beans in farmers’ co-operative societies. Ruguru Ngandori MCA Sammy Muturi decried the escalation of cases of theft of coffee from stores at various factories. He said Gakundu Coffee Factory in his…
By Kamundia Muriithi More than 2,000 green grams farmers in Makima area of Embu County have come together to form a co-operative society to help in marketing of the crop following a bumper harvest. They intend to start the co-operative by donating a 90 kilogramme bag of green grams each. A bag currently sells at…
By John Majau Meru County Miraa Sacco has been officially launched. The Sacco will champion the interest of miraa farmers locally and internationally. The society will also enable farmers to save and receive loans for business expansion and financial stability. Speaking in Maua town during the official launching of the Pioneer Sacco, leaders from the…
By Stephen Makabila Major re-organisation has been carried out at the State Department of Co-operatives following introduction of four positions of Senior Deputy Commissioners after the Commissioner’s office was elongated from Job Group S to T. The changes which took effect in January this year are the second after an earlier re-organization at the head…
By Mary Wanjiru Ndung’u Saccos have experienced tremendous growth in channel use over the recent past. A channel is defined as the means through which members can access Sacco products. One key indicator on the importance of mobile and ATM channel uptake by saccos is the fact that Sacco Societies Regulatory Authority (SASRA) in all…
The Government has communicated of its intention to go slow on approving plans by saccos that seek to open the common bond. Common bond is where a sacco recruits members outside its jurisdiction. For instance, common bond occurs when a sacco affiliated to teachers opens its doors to members outside teaching profession. Recruiting members from…
