Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By John Ochieng. Boda boda riders in Rongo Sub-County have been urged to form and register groups such as savings and credit co-operatives (Saccos) to give themselves opportunity to save and borrow. A local politician Joseph Ngani told the operators to form groups that would facilitate financial savings to help build their individual financial base…
By Opiyo David Youths in Nyanza region have been asked to embrace savings and credit co-operative societies (Saccos) to uplift their economic status. Kisumu Airport Taxi Operators Sacco Chairman George Obunde said the societies will not only help the youth realize their development potential but also assist them in improving education levels. Obunde who was…
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 Alfred Mosoti. A top Sacco official has said challenges facing the Sacco industry has little or nothing to do with the past Kanu regime. John Peter Getundu, Treasurer of Tower Sacco, is urging members to instead concentrate on how to be more efficient, productive and competitive. Getundu attributes challenges facing the co-operatives sector to…
he County has initiated the process of developing a co-operative development policy. The policy aims at creating a sustainable enabling environment for the growth and development of co-operative societies in the county. Edward Nyaga (below), the County director for Co-operative Development told Sacco Review that, this will be a framework that is pro-co-operative growth, more…
By Kiptanui Rutto. New Heri Homes Housing Co-operative Society Limited has kicked off construction of Kikuyu Heights Homes in Dagoretti South. The building site is a few metres from Equity Bank along Kikuyu Road. Speaking during the ground breaking ceremony, Dagoretti South MP, Hon. Dennis Waweru who was the chief guest, lauded Heri Homes for…
By Dennis Bett. The County Government of Elgeyo Marakwet has announced plans to revive dormant cooperative societies in the region. Mrs. Anita Kimwatan, Keiyo South Sub-county Trade and Cooperatives Chief Officer said at a function held at Lelboinet, that farmers should joining co-operative societies to boost their earnings. She promised to provide more financial support…
By Munene Maina. Fariji Sacco has partnered with Uplands Premier Dairy and Foods Limited to assist every household in Lari to own a dairy cow. It is due to this initiative that over 12,000 members are now into dairy farming. It has also been on a turnaround mode over the past three years after putting…
By Joseph Mukubwa. Urithi Premier Sacco (UPS) and Urithi Housing Co-operative Society officials have kicked off a massive recruitment drive that will see its membership grow by more than 200 per cent in three years time. UPS Chairman, Ndung’u Thuku said officials from the sister companies had visited regions like Mombasa, Embu, Nakuru, Nairobi, Thika,…
By Wasike Elvis. For the past three years, the County Government has been focusing on reviving the once vibrant Cooperatives Saccos as a means of improving livelihoods of its citizens. According to County’s Trade, Industrialization and Co-operatives Minister, Philip Meli, Co-operative movement has a great potential of driving economic growth, not only at the county…
