Sacco Review

Ebusia Unity Sacco holds board elections during inaugural AGM

Ebusia Unity Sacco Ltd held elections for the Board of Management during the inaugural AGM held at Busia Agricultural Training Centre. Former Member of County Assembly for Namboboto/Nambuku Ward Hon Vincent Olumbe was elected chairman as Ashley Oundo, Nick Ajuma and Liz Wafula were elected vice chairperson, Secretary and treasurer respectively. Other board members elected were…

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SACCO Saccos

Why Saccos are the preferred financial solution partner

Saccos have increasingly become popular In Kenya acting as vehicles for financial inclusion and wealth creation. Saccos are member-owned financial organizations that provide affordable credit facilities to members. Interest rates charged on SACCO loans are generally lower than those offered by commercial banks, making SACCOs a better option for major investments in the country’s economy….

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Bungoma County leaders urge youth to embrace avocado farming

Bungoma county leaders have urged the youth in the region to embrace hass avocado farming as an alternative source of income. Speaking during the official opening of Sisi Village produce demonstration centre for hass avocado and bee keeping projects in Kanduyi constituency, area MP John Makali and his Bumula counterpart Jack Wamboka urged locals to…

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Nelly Melita: How my love for githeri nearly cost me Ufanisi Sacco job

Nelly Kamau Melita, Honorary Secretary of Ufanisi DT Sacco, shares her life experience and journey to get to the top. It is an hilarious journey that began in 2009, riding on one particular incident that looked like her fortunes were lost forever. She remembers this with clarity, frivolous as it might be but it took…

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First cooperative stakeholders conference turns into a huge annual event

Stakeholders in the cooperative movement have decided that the Co-operative Movement Stakeholders’ Conference will now be an annual event, which will be held every year in the month of June. This was agreed during the first conference held at Sarova Whitesands Beach Resort in Mombasa themed ‘Co-operative Business Model for Socio-Economic Transformation’. Itattracted more than…

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Avocado farmers in Kakamega form cooperative society

Avocado farmers in Kakamega county have launched a cooperative society to guide them on the best farming practices of the produce and in preparation for the county government rollout of a World Bank project aimed at promoting avocado farming in the county. Speaking during their first AGM, Mumbo Avocado Farmers’ Cooperative Society Chairman Maxwell Shamala…

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Recognize Kakamega as blue economy county, fish farmers urge Govt

Fish farmers from Kakamega County have called upon the government to recognize the county among the blue economy counties in the country. Led by Kakamega Fish Farmers Cooperative Chairman Laban Mwanzo, the farmers argued that the county hugely contributes to the growth of the already established blue economy counties by supplying, producing and packaging fish…

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EU Ambassador urges groups to venture into agribusiness for financial support

European Union Ambassador to Kenya Henriette Geiger has urged youth and women from Kisumu and adjacent counties to engage in agribusiness to benefit from financial and technical support from the AgriBiz programme funded by the EU and Danish International Development Agency (Danida). Speaking during the United Nations World Tourism Day celebrations in Kisumu County,  Geiger…

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Kilifi County registers 45 new cooperative societies

Kilifi County Cooperative Development department has registered 45 new cooperative societies. Speaking to Sacco Review in Kilifi town recently, County Cooperative Assistant Director James Mwasi revealed that 20 of the registered cooperatives are community Saccos, 14 are mining Saccos while 4 are boda boda Saccos. He revealed that plans are already underway to revive the giant…

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