Category: Co-op News
Nakuru pastors form Sacco to improve livelihoods
Pastors in Nakuru have come together to establish Mitume Sacco to help them save money and access affordable credit facilities, ultimately improving their livelihoods. Pastor Alex Maina, the Sacco chairman and the chair of Nakuru Pastors Fellowship, encouraged pastors and clergy members to join the Sacco to enhance their economic status. “We understand the difficulties…
Ruto honours pledge to buy TukTuk for Hustler Fund top borrower
Harrison Kenga, a TukTuk operator based in Mombasa, was recently awarded a new Piaggio machine by President William Ruto. During the fund’s first anniversary, Kenga was named the top borrower of the Hustler Fund, having taken a loan of Ksh714, 000 so far. The President promised to buy him a TukTuk. Kenga started with a…
Safaricom Sacco CEO named winner of Champions of Governance Awards
Joseph Njoroge, the CEO of Safaricom Sacco, has been named the winner of this year’s Champions of Governance (CoG) Award by the Institute of Certified Secretaries (ICS) in a ceremony held at Mercure Hotel in Upperhill, Nairobi. The CoG Awards aim to recognize and promote research work related to good governance practices. Njoroge, who joined…
Kericho Biashara Sacco celebrates first anniversary
Kericho Biashara Sacco Society Limited recently celebrated its first year of existence with pride following the significant growth achieved in the highly competitive field. The Sacco draws its membership from smallholder traders of MSMEs within the region and offers financial and business training, savings mobilization, and loans to member groups. According to Josephat Koech, the…
Kamuthi Housing Coop helps Kiambu boda boda riders acquire land
A group of boda boda riders from Ruiru in Kiambu County have a reason to celebrate after they acquired a 5-acre piece of land along Thika Road, with the help of Kamuthi Housing Cooperative Society. The Boda Boda Association, consisting of 200 members, received a title deed after diligently saving Ksh50 per day. Lawrence Kariuki,…
Nyong’o outlines development plans in agriculture sector
Kisumu County Governor Anyang’ Nyong’o has stated that his administration will continue to invest in agriculture which is critical to ensuring food security. He noted that his administration has trained and supported 255 farmer groups across three value chains of cassava, chicken, and sorghum in six (6) wards in the County. He added that the…
ACK Imani Talent Sacco embarks on rigorous member recruitment drive
ACK Imani Talent Sacco has embarked on a rigorous member recruitment drive to boost its capital base. Every Sunday, the church-based Sacco, which was ranked the third best Sacco in Nakuru County during this year’s Ushirika Day celebrations, sends its marketers for member recruitment campaigns in various ACK churches within Nakuru diocese. Recently, the Sacco’s…
Cooperative University praised for enhancing Sacco sector
The Ministry of Cooperatives and MSMEs Development Cabinet Secretary, Simon Chelugui, has highlighted the important role played by the Cooperative University of Kenya (CUK) in enhancing professionalism within the cooperative movement. According to him, the university’s contribution in equipping and training the workforce in the cooperative sector is crucial for the sustainability of Saccos. “As…
Nyeri County keen to further development in cooperative sector, Governor says
Nyeri County Governor Mutahi Kahiga has celebrated the remarkable progress made in the cooperative movement, from the establishment of new Saccos to the training of leaders in financial management and good governance. “Under the county’s leadership, 100 cooperative society elections have been successfully conducted, fostering inclusive participation and democratic processes. Furthermore, 600 cooperative leaders have…
Kwara set to launch global app to ease Sacco transactions
Kwara is set to launch its own mobile application, the Kwara Connect App, which will enable Sacco members to manage their accounts, make digital repayments and deposits, check balances and statements, apply for mobile loans and request guarantors online. “We’ve had an amazing adventure together, completely transforming the way you interact with Savings and Credit…
