Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Stephen Makabila. Taqwa Sacco, which provides Sharia Compliant financial services and solutions to meet the diverse needs of its members, a service open to all Kenyans irrespective of their religion, race and gender has officially launched a Front Office Services Activity (FOSA). The launch that was presided over by Cabinet Secretary (CS) for the…
By Tsozungu Kombe. The Kwale County Co-operatives Officer, Levina Lenjo has commended local residents for joining Saccos in large numbers, citing the case of many merry go rounds that have since turned into Saccos. The County had only one deposit-taking Sacco, Kwale Teachers Sacco, which has since rebranded to Tabasamu Sacco. This number has increased…
By Erick Nyayiera. Dairy farmers in Siaya County are currently recording low milk production as a result of the drought which has affected the region from mid last year. Sam-Malanga Dairy Co-operative Society Manager, Japheth Ayoo said milk supply has drastically reduced thus affecting profitability. He states that as opposed to the previous period when…
By Staff Reporter. The Government will now make use of the Sacco Review as its main channel of communicating and articulating the Co-operative sector’s policies to the wider Kenyan public. Principal Secretary (PS) in the State Department of Co-operative, Mr. Ali Noor Ismail, noted that Sacco Review was the most popular newspaper within the Cooperative…
By Richard Shichangi. Butere Faida Sacco is set to introduce several amendments to its bylaws to help improve service delivery to members. The society which was conceived from Butere Financial Services Association (FSA) has grown drastically to become one of the leading rural Sacco in western Kenya. Addressing members at a meeting to approve the…
By Our Reporter Over 400 Bungoma County Motorbike Sacco members have benefited from motorbike loans that are now helping them to generate adequate income to better their living standards and re-service the loans monthly. Moffats Nabaala, Head of staff at the Bungoma-based society said the management expects to serve about 1,500 members with the loan…
By Azael Masese. Mwito Sacco has been urged to be innovative in the range of products and services it offers to its members to attract more business. Chairman of Ethics Commission for Co-operative Societies (ECCOS), Philip Gichuki, speaking during Mwito Sacco’s 36th Annual General Meeting in Nairobi, recently noted that if Saccos are to survive…
By Kiptanui Rutto. Enea Sacco plans to open more branches in the coming months in a bid to increase its membership and reach more markets. Although it was established by farmers in Mathira, Enea Sacco has since opened its common bond and has attracted members from the Business sector as well as those in salaried…
By Our Reporter Over 400 Bungoma County Motorbike Sacco members have benefited from motorbike loans that are now helping them to generate adequate income to better their living standards and re-service the loans monthly. Moffats Nabaala, Head of staff at the Bungoma-based society said the management expects to serve about 1,500 members with the loan…
By Richard Shichangi Faridi Saving and Co-operative Society Ltd has been declared the market leader in savings and resource mobilization in Busia County. County Co-operative Officer, Samuel Khatenya said out of 114 active societies within the county, Faridi Sacco was identified as the best in terms of capital mobilization and asset ownership. He said Faridi…
