Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Jackson Okoth. Not all Saccos with deep pockets are keen to acquire parcels of land for its members or even construct expensive maisonettes and bungalows for sale. “Although we possess the largest total assets size, we have not gone big on property because we do not want to down members’ cash for long periods….
Saving and Credit Co-operatives Societies in the County have been commended for uplifting livelihoods of local people. “I have been able to expand my business through loans from my Sacco,” said Peter Lenkupae a businessman in Maralal town. The two major Saccos in the county- Supa and Dumisha have continually recorded growth of membership as…
By Amoto Dennis. A Community Development Group Sacco has been established in Garissa town. Chaired by Ubah Saadi, the group of 80 women has Nadho Roone as its Secretary while Kheira Gedi is its Treasurer. According to the Secretary, the group was started in August last year, after members intermittently contributed money over a long…
By James Wakahiu. Urithi Housing Cooperative Society Limited Chairman and co- founder Samuel Ngugi Maina has said his society is taking a quantum leap in making sure they provide property for all its members. Speaking at Taji Gardens near Blue Post Hotel in Thika along the Thika – Murang’a Highway recently, Maina said the society…
By Joyce Mong’are. Nyandarua’s Industrialization and Co-operatives Executive Judy Nyambura recently announced plans to revive collapsed cooperative societies in the County. Speaking in OlKalourecently Nyambura noted that 15 societies had already been revived in the last one year and 30 more were lined up for the same. Nyandarua has a turnover of more than Sh500…
By Kiptanui Rutto. Meru North farmers are calling on the National and County governments to look into the coffee and tea sub-sectors which are in a deteriorating state. Speaking to Sacco Review during an interview, MikinduriCoffee Factory, Manager Joseph Kobia, said they now rely on few coffee farmers for the cash crop that could be…
By Enock Okong’o. Nyamira County Government has started a Sacco for persons with disabilities to enable them improve their standard of living. The Sacco that was launched last December by Governor John Nyagarama will cater for more than 20,000 people with disabilities perceived as under-privileged in the society. At a ceremony attended by top County…
By Ben Oroko. Gusii Mwalimu Sacco has embarked on a comprehensive economic empowerment campaign aimed at boosting its members’ financial goal identification and debt management. The members were trained during the Sacco’s Education Day held recently to ensure they learn various issues affecting them in the fast changing Co-operative movement. Speaking to Sacco Review in…
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…
By Dennis Bett. Agriculture Cabinet Secretary, Willy Bett has re-affirmed the Government’s commitment to invest in an insurance scheme to cushion farmers from crop failure, a move which is meant to mitigate against losses caused by climate change. Flanked by the Elgeyo Marakwet County Governor, Alex Tolgos, Senator Kipchumba Murkomen and officials from agricultural scientific…
