Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Munene Maina Saccos have been challenged to focus their energy at recruiting more young members as a way of safeguarding their survival in the future. “The youth are the future and any Sacco that does not focus on this segment of the population will surely perish,” said Tom Gitogo, CIC Group CEO. He said…
By Munene Maina Angaza Afrika Sacco has been assisting farmers to improve their activities and find markets both locally and abroad, besides offering them financial advice. “Currently we have partnered with 3,000 pepper farmers in Malindi. We connect farmers with agriculture experts which has helped increase yields,” noted Charity Wanjiku, CEO Angaza Afrika Sacco. She…
By Azael Masese Nakuru town is slowly emerging as a key strategic destination for Savings and Credit Co-operatives Societies (Saccos) out to improve their balance sheet. In the last five years, Saccos such as Unaitas, Stima, Wananchi, Metropolitan, and Boresha have established a footprint in the town and the number is set to grow in…
Some 41,000 coffee farmers from Mt Kenya region are set to benefit from Sh70 million training programme initiated by Nestle Kenya to help boost production and quality of their produce. The programme which will offer training and technical advice in the next three years also seeks to encourage participation of women and youth in coffee…
By Kiptanui Rutto Thamani Sacco Share Capital grew from Sh22.35 million in 2015 to Sh29.52 million in 2016 resulting to an increase by 32 per cent, the Sacco Chairman has said. Speaking during the Annual General Meeting (AGM) held in Chuka, the Chairman, Jackson Ireri Abidan said the Sacco recorded an impressive improvement amid the…
By Our Reporter Kakamega County women have been asked to form Savings and Credit Cooperative Societies (Saccos) to help mobilize resources and access funding from governmental and private agencies in the country. MPs from the region led by Woman Representative, Rachel Ameso said formation of investment groups and Saccos among women was the surest route…
By Staff Reporter Sukari Saving and Credit Co-operative Society Ltd has embarked on a programme involving a major re-branding exercise. Chairman, Isaac Sheunda said the Society has already procured the services of a reputable firm to undertake the exercise expected to begin by next month. Mr Sheunda made the disclosure while addressing members during this…
By Munene Maina Agnes Mwenje, the Chief Executive Officer of County Sacco-based at Kanja Market in Runyenjes, Embu County is the engine behind this Society. She has turned County Sacco into a leading financial institution that provides market-driven products and services to its members. Mwenje, aged 30 years has been at the helm of County…
By Dennis Bett Smartlife Sacco, formerly Marakwet Teachers Sacco (MTC) has recorded a turnover of Sh87 million for the financial year ended December 31, 2017. Registered in 1995 after liquidation of Keiyo Marakwet Teachers Sacco (KMTS), Smartlife Sacco has since grown in size offering new and friendly products and services to members. Speaking to Sacco…
By Alfred Kimosop Boresha Sacco has been lauded for its focused growth strategy which has led to remarkable increase in membership. The Sacco increased its membership from 60,752 in 2015 to 77,214 in 2016 following adoption of a market penetration plan of recruiting over 30,000 members annually for the next five years. Speaking at an…
