Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Kage Njoroge. Muranga County Dairy farmers are stepping outside the box to turn their farms into Dairy Co-operative societies. Small scale milk producers have come together under Dairy Co-operative societies which have empowered them to address their needs and determine the pricing of their produce. In the last four years, the County Cooperative Director,…
By Felix Wanderi. Kiambu Cooperatives and societies emerged winners in most of the categories in the recent celebrations of Ushirika Day. In the Dairy sector; Githunguri Dairy Farmers Cooperative Society emerged the winner of Best Managed Sacco and the best in value addition, while Kiriita Dairy Farmers Cooperative Society and Limuru Dairy Farmers Cooperative Society…
By Tsozungu Kombe. A big number of registered Savings and Credit Cooperative Societies (Saccos) in Kilifi County earned a remarkable turnover of over KSh 1.2 billion in 2016 According to Kilifi County Cooperative Commissioner, Mary Mkare, the 243 registered Cooperative societies in the County have a membership of 95,818 with turnover of some of the…
By Kamundia Muriithi. More than 42, 000 farmers from 12 cooperative societies in Mt Kenya region who underwent training on best practices in coffee farming were last month paid Sh630 million. This was for the 7.3 million kilograms of cherry that they produced. This was their best payout in five years as a result of…
By Ndichu Kamau. Githunguri Dairy and Community (GDC) Sacco has widened its revenue base through ventures that will see it generate more income. GDC Sacco now has an Insurance Agency catering for Life and General insurance products, has a Paybill Number and Mobile services (GDC Spot Cash) that allows members to pay their loans, increase…
By Amoto Dennis. Garissa County Co-operative Commissioner, Daniel Mutiso has urged co-operative societies to embrace good governance to succeed in their operations. Speaking to Sacco Review in his office in Garissa town recently, Mutiso said poor management of saccos has led to dismal performance of most of them. “Chief Executive Officers (CEOs) and Board members…
By Amoto Dennis. Garissa County Woman Representative aspirant, Maryam Sheikh Abdi who is contesting the woman representative seat on a Thirdway Alliance Kenya ticket, has advised women to form Saccos to enable them acquire funds from the Women Enterprise Fund. She said the setting up of the fund is a noble Government endeavour meant for…
By Our Reporter. Capital Sacco has announced record business results for 2016, in which the company saw impressive year-over-year revenue growth while signing a record number of new members. Capital Sacco Marketing Manager, Mr. Kenneth Gitonga said the business brushed off a tough business environment to post impressive results. He said the Sacco’s growth was…
By Makoma Musyoka. The Chief Executive Officer of Universal Traders Sacco Society in Machakos County, Mr. Dominic Mutunga has urged women and youth groups to embrace a saving culture so as to eradicate poverty. He told them to join cooperatives as they are powerful vehicles of social inclusion and political and economic empowerment of their…
By Tsozungu Kombe. Ushuru Sacco will continue to leverage on new and emerging innovations in order to improve service to its members, sacco’s National chairman, Mr. Isaac Kiprop has said. He said the sacco launched in 1970, is an institution focused on the provision of credit and related payment technologies. Speaking during the sacco’s Annual…
