County focus - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Cooperative University of Kenya urged to reintroduce old cooperative courses

Sacco ReviewJuly 22, 2023July 22, 202308 mins

Co-operative professionals and practitioners, through the Kenya Society of Professional Cooperators (KSPC), have asked the Co-operative University of Kenya (CUK) to re-introduce the traditional cooperative courses it used to offer before it was upgraded to a full-fledged public university. The professionals and practitioners noted that traditional cooperative courses, such as Certificate in Cooperative Administration (CCA),…

Offer financial assistance to coffee farmers, banks urged

Sacco ReviewJuly 22, 2023July 22, 202302 mins

Dr Philip Munyao, a doctor in Matungulu constituency, has asked banks and micro -finance institutions to come up with schemes to motivate coffee growers in the region. Dr Munyao asked the financial institutions to train farmers on investment opportunities, saying that if there were regular forum organized by the finance institutions, the interactions would enlighten…

Study emphasizes role of financial service providers in boosting SMEs growth

Sacco ReviewJuly 21, 2023July 21, 202303 mins

A study by the Financial Access Initiative (FAI) has shed light on the role of entrepreneurs and financial service providers in providing SMEs with customized credit facilities to enable them improve their services. Titled Kenya Small Firms Diaries Study, the study revealed that 51 per cent of the adult population in Kisumu county own small…

Farmers champion formation of Sacco to streamline bee farming

Sacco ReviewJuly 21, 2023July 21, 202304 mins

Bee farmers in Embu county are championing for the creation of a Sacco to streamline the production and marketing of honey and products of bee keeping. Catherine Ruguru Nyagah, the coordinator of the farmers in Embu county, said the formation of a Sacco to deal with bee farming is now in the final stages and…

Njang’ombe looks back after long career at Cooperative Ministry

Sacco ReviewJuly 17, 2023July 17, 2023011 mins

Geoffrey Njang’ombe, former Commissioner of Cooperatives, has a unique demeanour; polite, cool and collected. Yet behind the tranquility of mien is a tough uncompromising personality, but not in the usual sense of intense outlook commanded by senior corporate gentlemen and ladies. His amiability goes beyond common etiquette, transcending even the wiles of temptation in the…

KUSCCO urges women, youth to take leadership positions in Saccos

Sacco ReviewJuly 17, 2023July 17, 202302 mins

Kenya Union of Savings & Credit Co-operatives (KUSCCO) National Chairman George Magutu has urged women and youth to vie for leadership positions in their Saccos to take them to the next level. Mugutu said for many years, youth and women have been sidelined hence they should rise up and be ready to take up positions,…

SASRA sets tough rules for Saccos’ financial security providers

Sacco ReviewJuly 14, 2023September 13, 202308 mins

Sacco Society Regulatory Authority (SASRA) has set minimum requirements for engagement of third-party financial system integrators (vendors) that provide their financial services to Saccos in a bid to deal with cyber-attacks related to third parties.In a letter dated June 6, 2023 addressed to chief executives (CEOs) of the regulated Sacco societies, SASRA CEO Peter Njuguna…

How greed of middlemen helped build dairy cooperative

Sacco ReviewJuly 14, 2023July 14, 202306 mins

In 2009 when dairy farmers in Elburgon ward in Molo Sub-county came together with an idea of collecting milk daily as a group, they had no idea the group would one day give birth to a colossal cooperative Society. The less than 100 dairy farmers had only one reason for coming together: to collect milk…

My retirement is wonderful, says famous ex-Sacco CEO

Sacco ReviewJuly 13, 2023July 13, 202306 mins

Retired Boresha Sacco Chief Executive Officer Moses Chebor opens up about his life in retirement. He narrates how he keeps himself busy, his association with the communities and his future plans. He started by thanking Boresha Sacco for giving him an opportunity to serve as CEO for 35 years, a position that give him knowledge…

Ex-CEO: How I built strong legacy at Boresha Sacco

Sacco ReviewJuly 13, 2023July 13, 202304 mins

Retired Boresha Sacco CEO Moses Chebor has revealed that between 1985 to 2020, Sacco’s asset base increased from Ksh15 million to Ksh8 billion. Chebor said the achievement was enhanced by cooperation between all Sacco members. During this interview, he revealed the top ten managerial skills they used to push Sacco to greater heights. He said…