Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Garissa County Cooperative Officer Samuel Karanja has made a passionate appeal to youth and women in the area to form cooperative societies in order to uplift their living standards. He added that his office will soon embark on countywide campaign to popularize the cooperative movement. ‘’My office is ready with all the necessary assistance for…
Retired teacher Simon Kabui Kabosh invested heavily in farming using loans he borrowed after saving with Eco-Pillar Sacco. The man who retired in January this year taught in many schools in West Pokot County and retired while serving as the head-teacher of Propoi Primary School. He lives in Aruba village, Sinyerere Scheme, Cherangany Sub County…
Nyeri County government will train all cooperative society officials to enhance prudent management in the sector. Governor Mutahi Kahiga said the training will be done annually. “We shall be getting all the board members from coffee, milk cooperatives and Saccos among others and train them so that their management and governance skills are enhanced,” he…
Greenland Fedha Limited, a subsidiary of Kenya Tea Development Agency (KTDA), has issued loans worth Ksh10 billion this year compared to the Ksh5 billion it disbursed to small scale tea farmers the year before. The high amount issued follows the company’s move to deep slash the interest rates in December 2021. Greenland Fedha Limited Chairman…
Ports Sacco, formerly Mombasa Port Sacco, has opened a new branch in Nairobi at the Inland Container Depot (ICD) in Embakasi as it targets to reach more customers. The microfinance institution has plans to expand to all the 47 counties in Kenya as part of its commitment to resolve and adapt to meeting the changing…
Small-scale traders in Siaya County have received business loans from Kenya National Chamber of Commerce and Industry’s (KNCCI) MasterCard programme. The KNCCI Siaya branch Chairperson Mrs. Roseline Omuga said the first group of traders at Kambare trading center in Gem sub-county have received a minimum of Ksh30,000 interest-free loans. She encouraged more traders from across…
ACK Imani Talent Sacco has opened a new office in Nakuru City to serve members around the Central Business District (CBD) and attract new ones. The new office is located beside St. Paul’s University’s Nakuru campus. In a ceremony attended by a number of dignitaries, including CIC Board of Directors chairperson Dr. Nelson Kuria, ACK…
Bishop Meshach Mukwili of the Africa Brotherhood Church has urged both the national and county governments to provide more soft loans to farmers to enable them expand farms, create employment and boost food production. Speaking during a leaders’ forum in Wote Church, the bishop also reiterated that there is need for farmers to embrace technology so…
Lake Region Economic Bloc (LREB) Chief Executive Officer Victor Nyagaya has revealed that the bloc has decided to form a Sacco to sustain its economic model. Nyagaya said the bloc has already done the legal paperwork for registration and that they plan to start with a Sacco then gradually build it into a regional bank….
Embu County has targeted to have all its adult population in cooperative societies. County Director of Cooperatives David Muriuki said sector stakeholders in the county are focused on recruiting 600,000 members, which the approximate number of people in the adult bracket. He said the cooperative movement in Embu controls up to Ksh14 billion in liquid…
