Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Kiptanui Rutto. Makadara District Cooperative Officer (DCO), Andrew Maikal has advised Sacco officials on registration of the next of kin as the move would save the Saccos from dilemmas. Speaking during a Nafaka Sacco AGM in Nairobi, the DCO said many issues concerning the matter referred to his office and it was always a…
By Staff Reporter. The Government will now make use of the Sacco Review as its main channel of communicating and articulating the Co-operative sector’s policies to the wider Kenyan public. Principal Secretary (PS) in the State Department of Co-operative, Mr. Ali Noor Ismail, noted that Sacco Review was the most popular newspaper within the Cooperative…
By Kiptanui Rutto. Enea Sacco plans to open more branches in the coming months in a bid to increase its membership and reach more markets. Although it was established by farmers in Mathira, Enea Sacco has since opened its common bond and has attracted members from the Business sector as well as those in salaried…
By Richard Shichangi Faridi Saving and Co-operative Society Ltd has been declared the market leader in savings and resource mobilization in Busia County. County Co-operative Officer, Samuel Khatenya said out of 114 active societies within the county, Faridi Sacco was identified as the best in terms of capital mobilization and asset ownership. He said Faridi…
By Poshy Galilu Bahati Muungano Women Savings and Credit Co-operative Society members, Nakuru County have been urged to purchase more shares, boost their savings for better returns. This is in order to increase investment and strengthen the enterprise. Margaret Njoroge, the Society’s chairperson said the Sacco can only grow if members increase their shares. Ms….
By Wasike Elvis East Africa Exchange Company(EAX) has partnered with ABC Bank and East Africa Farmers Federation to build a Warehouse in UasinGishu County to be used by farmers in co-operatives. EAX Chairperson Jendayi Frazer said the facility to be built following the signing of a Memorandum of Understanding (MOU) between the three will help…
By Munene Maina. Business people and residents of Nakuru County towns can now access credit at low interest rates in addition to other co-operative services as more Saccos open branches in the region. Nakuru and Naivasha towns have recently recorded an increase in the number of savings and credit co-operative societies (Saccos) operating in the…
By Jackson Okoth In an effort to reach out to Savings and Credit Co-operatives (Saccos), SMEP Microfinance Bank is re-engineering its product offerings. The idea is to ensure that Saccos have their needs well catered for. “We already have several Saccos as our clients who are able to borrow from us at very competitive interest…
By Steve Vidonyi Boda boda cyclists in Likuyani Sub County, Kakamega County have finally agreed to join savings and credit co-operative societies (Saccos). At least five Saccos have been registered and commissioned in less than two months, in a move aimed at economically empowering members of the boda boda sector. The sector has been difficult…
By Munene Maina. Co-operative members in Nyandarua County are now more enlightened following training and education programmes conducted by County’s co-operative department, according to a senior official. Nyandarua Co-operative director, Veronica Kahura said the training has enabled Sacco members to effectively engage their officials during annual general meetings. “Before this, in most co-operatives, members hardly…
