Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Kephas Ayiecha. Trans Nzoia County Governor has promised to create new Savings and Credit Cooperative Societies (Saccos) and revive the moribund ones to meet the financial needs of residents. Governor Patrick Khaemba said the county would come up with initiatives that would sustain growth of Saccos. He urged residents to form Saccos that will…
By Our Reporter. Kilifi County has registered over 200 Savings and Credit Co-operatives (Saccos) in the last four years. Speaking during the 2017 Ushiriaka Day celebrations held at Kizurini Secondary School in Kaloleni Sub-county recently, Acting Kilifi County Government Executive Committee Member in-charge of Co-operative Development, Christine Pekeshe said 243 have been registered to date….
By John Ochieng. Women who took loans from the Women Enterprise Fund (WEF) have been told to promptly repay so as to enable others benefit. This was said recently by Higher Education Principal Secretary (PS), Prof. Colleta Suda while issuing cheques for Sh2.2 million to 12 women groups from Rongo and Awendo Sub-counties. She said…
By Our Reporter. Warsan Dairy Cooperative Society in Wajir County loses at least 10,000 litres of milk every month due to poor roads. The society regretted that due to the deplorable state of roads in the rural areas, they incurred heavy loses while delivering milk for processing. Speaking to Sacco Review, the Society‘s Manager, Abdisalam…
By Okoth Peter. A total of Sh67 million has been disbursed to 54 Cooperative societies in Busia County, Communication Officer at the County Government, Reuben Olita has said. He said the county had restructured the loans, a move which has benefited Cooperatives. “There are 54 Cooperative societies in the county that need financial support”, said…
By John Ochieng. Migori County Government has pledged to support the cooperative movements in the region. Speaking during Ushirika Day celebrations at Migori Primary School, the County’s Lands and Cooperatives Minister, Elizabeth Ochae said the local Government is poised to empower Cooperatives financially to boost the county’s economy. Chairman of Rongo Sub-county Cooperative Society, Peter…
By Kamundia Muriithi The youth have been told to join and take loans from Savings and Credit Cooperative Societies (Saccos). Biashara Sacco Marketing Manager, George Njuguna advised the youth from Embu County to join Saccos so that they can qualify for loans. “By joining Saccos, youths can easily access loans to undertake various socio-economic projects,”…
By Our Reporter. Up to 200 Saccos that are non-compliant with the law will be deregistered, Sacco Review has established. At the top of the list of Saccos that will be struck off societies register are those that have in the last three years not submitted audited annual financial results and therefore are out of…
By Kage Njoroge. Muranga County Dairy farmers are stepping outside the box to turn their farms into Dairy Co-operative societies. Small scale milk producers have come together under Dairy Co-operative societies which have empowered them to address their needs and determine the pricing of their produce. In the last four years, the County Cooperative Director,…
By Benedicto Tirop. Sugarcane Savings and Co-operatives Societies (Saccos) leaders have urged Kericho County Government to waive cess levied on their earnings to enable the sector compete effectively in availing financial aid to Kenyans. Led by the Chairman, Joash Korir, members of Chepkoinik Cooperative Society said the County should scrap the collection of Sh15,000 per…
