News

Nawiri Sacco to issue personalised cheque books

By Kamundia Muriithi. Nawiri Sacco which is based in Embu County has partnered with the Cooperative Bank of Kenya to issue Personalised Cheque Books to some of its clients. The bank expects to roll out the cheque books in March in a move that is expected to revolutionalise banking in Saccos in the country. According to Nawiri Sacco Marketing and ...

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Dimkes Sacco transforming members’ lives

By Munene Maina. The Diocese of Mount Kenya South Sacco (Dimkes) is leading the way in transforming members’ livelihoods. In an encounter with the Sacco members one gets to meet happy, satisfied and persons with well set goals. The Sacco has empowered small scale farmers and traders through the affordable loans it provides enabling many turn their dreams to reality. ...

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Entrepreneurs Sacco gets more members

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 small-scale businesses, the Sacco has over the years expanded to incorporate a larger segment of workers from various organizations. And with a total share capital of over ...

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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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