Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
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…
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,…
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…
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…
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…
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 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…
By Daniel Njoroge Teachers in Muranga County have formed a housing co-operative society to enable them build affordable homes and invest in the lucrative real estate industry. The housing investment society is an initiative of Kenya National Union of Teachers (KNUT) Murang’a South branch which intends to mobilize teachers in the county to pool resources…
Staff Reporter The County staff have found themselves in a dilemma after it emerged there are no documents to prove remittances of some of their statutory and Sacco deductions. This follows Auditor General Edward Ouko’s recent report that indicated the County Government is unable to account for Sh2 billion it spent in the last Financial…
By Our Reporter Buoyed by the formation of a donkey Sacco in Meru, Wajir donkey owners are under pressure to start a similar body. Reuben Wambua, the Deputy Director of Kenya Network Dissemination of Agricultural Technologies (KENDAT), says Meru Governor Peter Munya’s donkey Micro Finance has helped intergrate donkeys into the Agri – business sector….
