Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Before I get to the core of this story, let me tell you about the amusing anecdote about a strange ‘doctor’ in the village where I grew up. I describe him so because some of the shenanigans he exhibited border on the absurd, if not criminal. You see Disco Matanga, for that was his name,…
I have been busy with my business associate Ole Gunia, with whom, I am sure by now, you know we have a honey processing startup in Mavumbi town.Already, Asali Asili Enterprises has been showing prospects of lifting us from the economic doldrums that stuck since the Covid 19 pandemic struck.For your information, we have acquired…
After being skeptical for a while about being part of a Sacco, Dennis Fondo finally decided to join Tabasuri Sacco. Fondo, a security guard with the Texas Security Company for about fifteen years now, says he wished he had joined Tabasuri Sacco way back when he first began working. He attributes the tremendous milestones he…
A loan of Ksh6 million from Imarika Sacco Limited turned around the life of a retired Kenya National Union of Teachers (KNUT) official Mwalimu Rasi, who is now living off the benefits accrued from the investments he made. Several consistent loans and repayments built his creditworthiness to a point he could borrow a huge sum,…
Taita-Taveta Deputy Governor Christine Kilalo has urged cooperative societies to embrace innovation to widen their markets to net potential members at the grassroot level. Speaking during the commemoration of the 101 International Cooperatives day themed “Cooperatives for Sustainable Developments”, the deputy governor pledged to offer a prize of Ksh1 million to the cooperative society that…
Mombasa County has witnessed major growth in the number of savings and credit cooperative societies (Saccos) as residents embrace new ways to uplift their living standards. County Cooperative director Nelson Nyoro said some 30 new Saccos were registered by Cooperative Development ministry between July last year and March this year. Among the cooperative societies registered…
Two new Cooperative societies have been registered in Kwale county by the Cooperative Development Ministry officials to enable county residents join them in large numbers to uplift their living standards, Sacco Review has learnt. Speaking to Sacco Review from Kwale town recently, Kwale county Cooperative director, Mohammed Mkanga said that the county is currently in…
Malindi Sub-County Cooperative Officer Felister Moraa has revealed that the county government of Kilifi intends to revive 20 dormant cooperatives this financial year. She said the government’s move was necessitated by the need to enable residents join cooperatives in large numbers and uplift their living standards. Moraa advised Sacco members to patronize the products in…
By George Otieno Mombasa County Cooperative Director Nelson Nyoro has pointed out that the justification of Saccos’ existence is their ability to satisfy members’ needs. Speaking during Kenya Teachers Sacco Associations (KETSA) conference in Mombasa aimed at discussing the sustainability of Saccos and the Sacco sub sector, Nyoro stressed that the sustainability of the association rested…
By George Otieno Kilifi County Deputy Governor Flora Mbetsa Chibule has stressed on the need to support cooperatives as key enablers of Kenya’s improved social and economic growths. Cooperatives, she said, cut across all the sectors of the economy namely agriculture, mining, housing, transport, and manufacturing. In addition, they are known worldwide as instruments of…
