Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Dennis Bett Smart Life Sacco (SLS) formerly Marakwet Teachers Sacco (MTS) is one of the leading Saccos in Elgeyo Marakwet County. It offers one of the best services to its customers and has been doing this with commitment since its inception. Registered in 1995 after liquidation of then Keiyo Marakwet Teachers Sacco, Smart Life…
By Seth Musisi A Special Delegates Meeting of Wevarsity Sacco has passed a resolution to lower interest rates on all long term loan products to 12.9 per cent. The Society, which draws the bulk of its membership from employees of Masinde Muliro University of Science and Technology and Kibabii University, recently held a special meeting…
By Jackson Okoth Deposit-Taking Saccos that run Front Office Services Activity (FOSAs) and are supervised and regulated by the Sacco Societies Regulatory Authority (SASRA) will have to dig deeper into their pockets in the coming financial year. This follows a move by SASRA to increase Sacco levy from the current 0.1 per cent to 0.125…
Konoin Sacco, which has its head offices at Mogogosiek Trading Centre, Bomet County has rebranded to K-Pillar Sacco with its sights set on recruiting more members and expanding its network. The Sacco’s delegates have already endorsed this process, ahead of the official launch to be undertaken next year. This rebranding process will enable K-Pillar Sacco…
Cabinet Secretary Public Service, Youth and Gender Affairs, Sicily Kariuki has urged youth in Kerio Valley to embrace peace to effectively benefit from the Government initiated Youth Empowerment Programme (YEP) project. Mrs Kariuki, speaking at Kolowa Bridge in Kerio Valley recently while launching National Youth Service (NYS) Youth Empowerment Program aimed at constructing roads that…
Kakamega By Titus Wafula Kakamega Entrepreneurs Sacco (KES) Limited’s membership has grown steadily to more than 400 entrepreneurs with businesses since it started in 2002. Having been established with the sole aim of assisting smallscale businesses, the Sacco has over the years expanded to incorporate a larger segment of workers from various organizations. And with…
By Staff Reporter Saccos and small business entrepreneurs in Laikipia County will receive financial boost after the County Government set aside Sh35 million this financial year as part of a revolving fund to revive Co-operatives and improve small businesses. According to the County Trade and Co-operatives Executive, Ann Cheptoo, the move will see members of…
By Munene Maina In a move aimed at boosting the agricultural sector, Nakuru County Government has embarked on an ambitious plan to strengthen farmer’s cooperatives. Speaking to Sacco Review in his office, Nakuru Cooperatives Director, Patrick Mak’Anyengo said strong societies for farmers will ensure they get good returns from their activities. “Agriculture sector plays a…
By Joseph Mukubwa Othaya Coffee Farmers Co-operative Society Ltd has procured and installed a new advanced polisher and bucket elevator for milling coffee worth Sh8 million. The Society Chairman, James Nderitu said the machine is able to mill 2000 kgs of parchment coffee per hour compared to the previous one which could do only 700…
By Kiptanui Rutto Thamani Sacco has come a long way and has supported its members to upgrade their living standards, majority of them being farmers. Its CEO, Rose Kithinji said the Society, formerly Nithi Tea Growers Sacco Ltd was registered in November 1987 with the mandate to mobilize member’s savings and ensuring that they access…
