News

Ng’arisha Sacco recruits new members outside the County

By Ben Wafula. Bungoma-based Ng’arisha Savings and Credit Co-operative Society, formerly Bungoma Teachers Sacco has been recruiting new members from neighbouring counties. According to Benedict Simiyu, Ng’arisha Sacco chairman, while the Sacco has been operating in the County, it has now extended its reach and is seeking new members in Busia, Kakamega, Vihiga and Trans Nzoia. While addressing delegates during ...

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Dhabiti Sacco uplifts miraa farmers, local community

By Titus Murithi. Dhabiti Sacco Society Limited situated in Maua town, Igembe South Sub County of Meru County is targeting to uplift the lives of Miraa farmers as well as traders in the area. This society has embarked on an intensive community outreach training programme that is targeting to educate Miraa farmers as well as traders on the importance of ...

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Biashara Sacco targets students with its CSR

By Joseph Mukubwa. Biashara Sacco Society, located in Nyeri County is targeting students through its Corporate Social Responsibility (CSR) programmes this year. This is through its school feeding programme, which was recently launched at the DEB Nyeri Primary School in Nyeri town. The Sacco has already spent some Sh200,000 on the initiative where over 500 pupils are provided with porridge ...

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Church members benefit from new Sacco

By Esther Chesoro. Over 800 members of the Mwikaria Catholic Men Association are part of the newly launched Sacco in Tharaka Nithi County in order to improve their lives. Ephantus Mugendi a beneficiary of the Sacco, borrowed a loan of Sh150,000 which is three times his savings which he used to buy land to build a house. Abraham Maruta, the ...

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Sacco eyes property growth

By Joyce Mong’are. Meru Central Cooperative Union has diversified its operations for more revenue generation to enable them finance their operations without any funding from the farmers. Imenti House on Nairobi’s Moi Avenue is to be upgraded into a 25-storey building by the union.The group will also develop a shopping mall and a storeyed commercial office block in Meru town. ...

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Elgeyo Marakwet County to revive dormant Cooperatives

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 to co-operatives that belong to ...

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Elimu Sacco holds successful members’ Education Day

By Wesley Ken. Elimu Sacco Society Limited recently held a well-attended all-members’ Education Day at Jamhuri High School Hall in Nairobi to enlighten members on their rights and obligations. The initiative, which is part of the Sacco’s annual activities was aimed at empowering members through imparting to them useful knowledge concerning the Sacco’s products and services, besides motivating them and ...

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Sky Sacco’s ‘One hen campaign’ kisii attracts global attention, support

By Enock Okong’o. Sky Sacco is set to receive increased support from both the Turkish and Kisii County governments after their impressive performance in the corporate world. The Sacco which ventured in hen production helps youth to borrow loans and in return bring forth one egg per week to repay the loan. Speaking at the Kisii Governor’s boardroom,Turkey Ambassador to ...

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Mbogo: How smart savings, loans made me millionaire

By Kamundia Muriithi. Among his age mates, Silvano Mbogo, 30 is one of the emerging successful entrepreneurs in Embu County with investments in transport, food and money lending business. Mbogo has a fleet of seven motorbikes, runs butchery -cum-rice business, and operates an informal money lending bureau, in addition to employing eight people. He credits his achievements to sheer hard ...

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Amica Sacco boss dreams big on the future

By Kage Njoroge. James Kimani Mbui the Chief Executive Officer of Muranga-based Amica Sacco Ltd, formerly Murata Sacco is considered one of the captains in the Sacco industry with vast experience. Considered one of the best performing Chief Executives, the 48-year- old Mbui begun his journey in the Sacco industry more than 26 years ago when he joined Stima Sacco ...

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