Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
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….
By Munene Maina. In a move aimed at boosting the agricultural sector, Nakuru County Government has embarked on an ambitious plan to strengthen farmer’s co-operatives. Speaking to Sacco Review in his office, Nakuru Co-operatives Director, Patrick Mak’Anyengo said strong societies for farmers will ensure they get good returns from their activities. “Agriculture sector plays a…
By Our Reporter. As various Saccos alter and amend their by-laws to allow members to be represented through a delegates system, a section within the co-operatives system are not uncomfortable with this emerging trend. The question is whether members should retain Annual General Meetings (AGMs) as the supreme authority of a Sacco or pass this…
Gakuyo Real Estate has partnered with Ekeza Sacco to enable its members own homes at a cheaper price and acquire suitable land for farming in Kaloleni, Mavoloni. The company has started plot allocation. Gakuyo Real founder cum Chairman Dr. Kariuki Ngari said the land is good for agri-business especially horticulture farming. He said members will…
Governor Jackson Mandago has challenged Co-operatives officials to ensure they effectively and transparently deliver on their mandate as they are entrusted by their members. Speaking to Sacco Review at Chemororot Primary School in Soy Sub-County recently during a meeting with over 20 Cooperatives members and their officials, Mandago said the success of Cooperatives depend on…
By Enock Kipturgut. Boresha Sacco members have a reason to smile following the management’s educational cum interactive meetings aimed at keeping them a breast with the Sacco’s new products and services and the emerging trends in the Cooperative movement. The members lauded the Sacco for organizing the meetings saying they served as an eye opener….
