Boda boda riders in Kisii urged to foster a saving culture

Kisii County Governor Simba Arati has asked Boda boda riders in the area to cultivate a saving culture to enhance their financial stability.

Arati said that the industry has the potential to make the riders financially competent with the ability to loan out money instead of being chronic borrowers.

“Yours is a potential institution that could be harnessed to bring forth long-term financial solutions in this country,” he said.

The County boss was addressing more than 3,000 Boda boda operators at Gusii Stadium when he presided over the launch of the Kisii Municipality Bodaboda Transport Cooperative Society, formerly Kisii County Bodaboda Union.

“This is a big move that will enable you to save and boost your capacity to receive more support from other financial institutions thus diversifying your financial ventures,” he said.

During the colourful ceremony, attended by Deputy Governor Robert Monda and Members of the County Assembly, the governor said that the Union will be an umbrella organization that will not only serve members within Kisii town but also other Boda boda Saccos in 9 sub-counties around the municipality.

Arati assured them that his government was keen on facilitating transport operators and other groups interested in financial growth through capacity building and linkages to the National government and other viable financial institutions for their prosperity.

He noted that a long journey that starts with one step and lauded the members for starting small and promised to help them establish a formidable credit scheme to support individuals, organizations and Micro, Small and Medium Enterprises (MSMEs)

Further, Governor Arati asked them to embrace hygiene and general decorum in order to attract more customers and gain respect.

He also cautioned them against alcoholism and drug abuse stating that the vices sap their precious energy, hard-earned money and time before rendering them impoverished.

By Enock Okong’o

Get more stories from our website: Sacco Review

For comments and clarifications, write to: Saccoreview@shrendpublishers.co.ke

Kindly follow us via our social media pages on Facebook: Sacco Review Newspaper for timely updates

Sharing is caring!

Don`t copy text!