County disburses Sh67m to Co-ops

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…

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County pledges to support Co-operatives

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…

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Take loans, youth told

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,”…

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200 Non-compliant Saccos face the axe

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…

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Sugarcane Co-ops appeal for tax waiver

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…

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Mosop youths to benefit from NYS Sacco

By Our Reporter. At least 900 youth in Mosop Constituency of Nandi have been enlisted to undertake civil works under the National Youth Service (NYS) Kazi Kwa Vijana Programme. The programme will see the youths save their funds in Savings and Credit Co-Operative Societies (SACCOs) in partnership with the Ministry of Tourism and Cooperative Development….

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Over 200 Saccos in Kilifi registered

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….

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Tuiyotich Farmers Society reaps big from rise in milk volume

By Dennis Bett. Tuiyotich Farmers Co-operative Society Ltd is set to reap big from rising milk volumes after the society purchased an Isuzu pick-up truck to transport the milk. The society has also embarked on sensitization of members to embrace better animal husbandry. Through partnership with the Uasin Gishu County’s Enterprise Development Fund, the society…

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Women, youth told to embrace a saving culture

By Makoma Musyoka. The Chief Executive Officer of Universal Traders Sacco Society in Machakos County, Mr. Dominic Mutunga has urged women and youth groups to embrace a saving culture so as to eradicate poverty. He told them to join cooperatives as they are powerful vehicles of social inclusion and political and economic empowerment of their…

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