Uhuru urges Saccos to lead in value addition

By Dennis  Amoto President Uhuru Kenyatta has urged the Co-operative movement to support the government’s industrialization efforts by facilitating farmers engage in value addition of their produce. He said value addition would ensure farmers earned more than they would if they sold raw farm produce. The Head of State pointed out that the Co-operative movement…

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Kimbilio Sacco CEO keeps eyes on the ball

By Munene Maina Rose Chepngetich has set her eyes on making an indelible mark on the cooperative movement in Kenya. As CEO of Kimbilio Daima Sacco, based at Konoin Sub-County, Bomet County, Chepngetich says that nothing succeeds like success. She has been at the helm of Kimbilio Daima Sacco for the past 15 years, overcoming…

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Mafanikio Sacco to open Ukunda branch

By Collins Akong’o Mafanikio Sacco is set to open a new branch at Ukunda on 18th February, 2017 in its bid to net more members and deliver services closer to its customers and clients. Mrs Eunice Kaboi, Mafanikio Sacco CEO said the new branch will bring services to the door steps of members, freeing the…

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Good Life Sacco officials under spotlight

By Jackson Okoth Members of the collapsed Good Life Sacco as well as its sister arm Fedha Micro Investment Ltd have petitioned the Sacco Societies Regulatory Authority (SASRA) to ensure safety of the properties which they used as collateral to secure loans from the Society.In addition to securing their log books and land title deeds,…

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Tea farmers urged to form financial groups

By Enock Okong’o Small scale tea farmers from Kisii County have been asked to embrace table banking to enable them mobilize resources to educate their children. Saying big financial institutions have been built from embracing small savings culture a Kisii businessman Francis Ombogo told farmers to form village groups geared towards their economic empowerment. Ombogo…

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Boresha unveils personalized cheques

By Munene Maina Baringo’s top Sacco Boresha has embarked on a marketing exercise to popularize personalized cheque book system to its members and customers. According to Sacco’s Marketing Manager, Philemon Chebii, the new product will benefit schools, individual business people, joint account holders, corperates, community based organizations among others. Chebii cited competition in the financial…

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Boresha Sacco delegates troop for annual meetings

By Alfred Kimosop The Boresha annual educational meetings which started on February 11and 12 are set continue at various venues across all branches of the Sacco until March 4 this year. The delegates will then prepare for the crucial Annual Delegates Meeting (ADM) which is tentatively slated for March 23 to 24 at the Head…

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Fariji Sacco gives hope to Lari homes

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…

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Faulu rolls out ATMs and Visa Card

By Joseph Mukubwa Faulu Microfinance Bank unveiled Visa Cards and Automated Teller Machines (ATMs) in partnership with Interswitch East Africa. Customers will now use their Visa Debit cards to pay for goods and services and withdraw money from Faulu ATMs, with the first 20 ATMs having being deployed across the country with a further 30…

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