Category: Co-op News
IG Sacco donates items to school as part of CSR
Invest and Grow (IG) Sacco has donated photocopier machines and printing papers to Friends Malava Primary School. The school’s Deputy Head teacher Esther Wayela Lucheli narrated how it has been tedious and expensive to carry out printing services from the nearby cyber cafes. BoM team represented by Lawson Makola appreciated the gesture and promised to…
Tana River County sets aside Ksh10M for loans
Tana River county government has set aside Ksh10 million this financial year for loans to enable small scale traders expand their businesses. Kenya National Chamber of Commerce and Industry (KNCCI ) Tana River county branch chairman Hassan Barisa revealed that the money, which is a revolving Fund, will be disbursed from next month, November. He…
Businesswomen urged to form coops, take advantage of Govt funding
Businesswomen have been urged to form cooperatives and groups in order to enhance their chances of accessing government credit facilities. Speaking during a sensitization forum for over 500 leaders of registered women groups from Kisumu County, Cabinet Secretary (CS) for Information, Communication and the Digital Economy Eliud Owalo observed that cooperatives provide access to financial products and…
Cooperatives urged to embrace youth leadership
Uasin Gishu Chief Officer for Cooperatives and Enterprise Development Ruth Samoei has urged cooperative societies to allow young people in their management. Speaking during a visit to Kipsonoi Dairy Cooperative Society in Bomet County, Samoei noted that most cooperatives are run by old folks and that there is need for a paradigm shift in the…
Kakamega County to set up tea factory to boost production
Kakamega county Deputy Governor Ayub Savula has disclosed that the county will put up a tea factory in Shinyalu in line with their campaign manifesto. Speaking in an open forum on Public Private Dialogue (PPD), the deputy governor said the tea factory will help improve the livelihoods of farmers in the region. PPD aims to…
Cabinet approves an additional Ksh4B for coffee farmers
The Cabinet has approved the release of an additional Ksh4 billion for coffee farmers. It had earlier on released Ksh3 billion . This implies that farmers will now earn Ksh80 for a kilogramme of cherry from the current Ksh20 as an advance payment. To re-energise the Nairobi Coffee Exchange, the government will also search for better markets for…
Kajiado women to receive interest free loan if Bill becomes law
Women and institutions in Kajiado county will receive interest free loans from the county government if the Kajiado County Women Economic Empowerment Fund (Amendment) Bill 2023 becomes law. The bill will establish a Women Economic Empowerment Fund. Kajiado County Assembly Committee on Gender, Culture, Cooperatives, Tourism and Wildlife Chairperson Naisiae Karia said the Act seeks to…
Ksh2.3M disbursed to 16 groups in Kisumu Central
16 groups within Kisumu Central constituency have received Ksh2.3 million from Uwezo Fund to boost their activities. Out of the group, 13 have been refinanced while 3 are new ones. Credit and loans officer Laban Mwangi noted that most groups repay their loans on time and urged them to continue doing so to enable others…
Gusii Coffee Farmers Cooperative Unions to directly auction produce at NCE
Gusii Coffee Farmers Cooperative Union (GCFCU) has joined the Nairobi Coffee Exchange (NCE) to auction its coffee directly to buyers, ending decades of dependence on brokers. The Union’s CEO Dr Robert Mainya urged coffee farmers and the public to visit the union on Tuesdays and watch how coffee is being sold at the auction. He…
Coop director urges residents to form Saccos, exploit Industrial Park benefits
Garissa County Cooperative Director Samuel Karanja has urged residents to start forming groups like chamas or Saccos to exploit the services brought about by the launch of Garissa Industrial and Aggregation Park. He noted that the park will bring together more businesses that will provide services complementing one another and attract new investment areas and…
