Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Dennis Bett. Metkei Farmers Co-operative Society, located in Elgeyo Marakwet County, plans to process milk delivered by farmers. The Society which has received financial received support from the County Government to purchase a processing machine worth Sh20 million, will see its members benefit through better prices for their milk. Speaking outside the Society’s offices…
By Dennis Bett. Smartlife Sacco members have been warmed against defaulting on their loan repayments, Chief Executive Officer, Haron Biwott said those failing to meet their obligations with the Savings and Credit Co-Operative Society will be listed by Credit Reference Bureaus (CRBs). Speaking during the Sacco’s Annual Delegates Meeting (ADM) in Kapsowar town recently, Biwott…
By Our Reporter. Homa Bay County Government has launched a Boda Boda Sacco bringing together more than 1,500 registered members.. Speaking at Rangwe recently, Governor Cyprian Awiti (pictured) said his office will set aside Sh6 million to get the Sacco on its feet. He said his administration plans to open motor cycle spare part shops…
By Our Reporter. Nyanza residents should be sensitized on the importance of investing in Saccos to empower them economically. The Kenya Union of Savings and Credit Co-operatives (KUSCCO), Western Region Manager, Stephen Makori lamented that most Saccos in the region are formed with short-term goals in mind, hence they don’t last. Saying the region had…
By Kiptanui Rutto. Kajiado West residents have been urged to join Saccos in order to save for a better future. Speaking during Serian Sacco Annual General Meeting (AGM) at Olooltepesi Picnic Site, Keekonyokie Ward Member of County Assembly (MCA), George Sunkunya (pictured) said the only sure way of saving in a developing nation is through…
By Wasike Elvis. National Government has started paying dairy farmers the money Kenya Co-operative Creameries (KCC) has owed them for 20 years. Deputy President William Ruto said Sh500m has been set aside to offset the debt across the country. “In Uasin Gishu County out of the amount, 287 million will be paid to over 10,000…
By Azael Masese. Tenhos Sacco Society Ltd has embarked on a series of training sessions to improve the financial literacy of its more than 8000 members. Chief Executive Officer, Alexander Langat said this is part of their objective to ensure members make wise investments for better returns. “To continually improve on our members’ economic well-being,…
By Jackson Okoth. In its effort to spread its catchment area and get more business as well as membership, Yetu Sacco has made its entry in the country’s capital City in style. The Sacco recently opened a branch in Nairobi, along Latema road on the ground floor of Magomano Building. And it is not done…
Goodway Sacco has started a bodaboda loan scheme for the youths aimed at enabling them acquire bodabodas to start income generating activities. Targeted are those who are been employees of other bodaboda owners. The repayment for the loan is Sh200 per day. The beneficiaries must be in a group of at least three operators or…
By Esther Chesoro. KiambuGovernor William Kabogo recently commissioned a 5000 litrecoolant and milk pasteurizer at Muguga Dairy FarmersCooperative Society in KabeteConstituency. Christened ‘Kiambu County Milk Value Addition Project’, the move is intended to improve the quality of dairy farming from simple milk production to manufacturing of a variety of cheese, yogurt and other dairy products….
