County govt invests in youth Saccos

By Our Reporter. The County government is sponsoring training of more than 2,100 Boda boda riders across the county to acquire motorcycle driving licenses as well as formation of Saccos to promote their investment capacity. It has also launched Embu Women Sacco which will offer financial loans to members at reduced interest rates. In order…

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Biashara Sacco targets students with its CSR

By Joseph Mukubwa. Biashara Sacco Society, located in Nyeri County is targeting students through its Corporate Social Responsibility (CSR) programmes this year. This is through its school feeding programme, which was recently launched at the DEB Nyeri Primary School in Nyeri town. The Sacco has already spent some Sh200,000 on the initiative where over 500…

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Tower Sacco to open branch in Nakuru

By Azael Masese. Tower Sacco Society Ltd will open a new branch in Nakuru town this year as it embarks on an ambitious growth strategy. The new branch will be located near Gilani’s Supermarket and next to Ecobank, bringing the Sacco’s branch network to ten. During the Sacco’s 41th Annual General Meeting (AGM), outgoing Board…

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Defaulters put on notice as CRB law takes effect

By Tsozungu Kombe. Sacco members have been urged to repay loans in good time to enable societies to boost their capital. Speaking during Mafanikio Sacco Annual General Meeting (AGM) held at Baptist High School Hall in Mombasa town recently, KUSCCO Director in charge of Coast and North Eastern Regions, Alfred Mlolwa warned that defaulting will…

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Mafanikio Sacco opens Ukunda branch

Mafanikio Sacco, formerly Mombasa Teachers Sacco Ltd has officially opened a branch in Ukunda town, Kwale County. The Ukunda branch situated at Arusha Plaza along the Likoni-Lunga Lunga road aims to bring services closer to the residents. Initially, residents of the county travelled long distances to Mombasa town to access Mafanikio Sacco services. However, with…

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Kitui County invests big in Sacco sector

By Boniface Mulu. Kitui County Government has constructed 16 honey processing factories for local beekeeping cooperators, a juice processing factory for the Mwingi Horticulture Farmers Cooperative Society Limited in Mwingi sub county, among other projects. County Trade, Industry, ICT and Cooperatives Development CEC, Jonah Mwinzi, said the county government has also purchased a milk cooler…

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Women form Sacco

KITUI Kitui Women Savings and Credit Cooperative Society Limited has embarked on a process to mobilise cheap capital for members to enable them start development projects through appropriate researched products supported by skilled human resource. Chief Executive Officer, Elias Waki said the core values of the society remains integrity, accountability, transparency, democracy, equity, equality and…

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Elgeyo Youth Bunge Sacco to increase investments

By Dennis Bett. Elgeyo Marakwet Youth Bunge Sacco has embarked on a mission to invest in assets and business generating activities as a way of empowering the members. Speaking recently in Iten Town during its Annual Delegates Meeting, the Society’s Chairman Nathan Tanui said that the society is heading in the right way and had…

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Coffee farmers in Mt Kenya to be trained

Some 41,000 coffee farmers from Mt Kenya region are set to benefit from Sh70 million training programme initiated by Nestle Kenya to help boost production and quality of their produce. The programme which will offer training and technical advice in the next three years also seeks to encourage participation of women and youth in coffee…

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