North Eastern - Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya

Co-op professional body releases this year’s training plan for sector players

The Kenya Society of Professional Co-operators (KSPC) has officially released its training plan for this year targeting key players in the sector. The training, spread out throughout the year started February, will basically target Chief Executive Officers (CEOs) and their deputies (D/CEOs), Heads of Departments (HoDs), Boards and Supervisory Committees, and staff working in the…

Traders’ Sacco in Garissa pleads with county over planned demolition of stalls

Sacco Review2 months ago2 months ago05 mins

Sukuma Gate Sacco members are pleading with the County Government of Garissa not to demolish their stalls where they have been earning their daily bread for long. The members, mostly comprising mama mbogas and petty traders decried the planned eviction from their stalls after Garissa Municipality, through the Enforcement Notice, Form P.P.A. 7, dated January…

Coops urged to rebrand to attract more members

Sacco Review5 months ago5 months ago02 mins

Garissa County Director of Cooperatives Samuel Karanja has urged Saccos to rebrand and recruit more members to increase their savings and loan base. Speaking to Sacco Review in his Garissa office, Karanja noted that rebranding would enable the recruitment of members beyond Saccos’ geographical territories. The director urged Saccos to strive to get their members…

Coop director urges residents to form Saccos, exploit Industrial Park benefits

Sacco Review7 months ago6 months ago02 mins

Garissa County Cooperative Director Samuel Karanja has urged residents to start forming groups like chamas or Saccos to exploit the services brought about by the launch of Garissa Industrial and Aggregation Park. He noted that the park will bring together more businesses that will provide services complementing one another and attract new investment areas and…

Saccos urged to rebrand to attract more members, increase capital base

Sacco Review7 months ago7 months ago02 mins

Garissa County Director of Cooperatives Samuel Karanja has urged Saccos to rebrand and recruit more members as a move to increase their savings and cement their loan base. Speaking to Sacco Review newspaper in his Garissa office , Karanja noted that rebranding would enable the recruitment of members beyond Saccos’ geographical territories thus move towards…

Kenya cements position as Islamic Banking hub in East, Central Africa

Sacco Review7 months ago7 months ago03 mins

The existence of Gulf Africa Bank, Dubai Bank and First Community Bank as fully fledged Islamic Banks has cemented Kenya’s position as a hub for Islamic banking in East and Central Africa. The position is further cemented by the existence of Islamic products in conventional banks and Saccos. Abdi Hussein, Gulf Bank Garissa Branch Deputy…

Why Garissa residents are averse to Saccos

Sacco Review8 months ago8 months ago04 mins

Garissa County Cooperative Officer Samuel Karanja has made a passionate appeal to youth and women in the area to form cooperative societies in order to uplift their living standards. He added that his office will soon embark on countywide campaign to popularize the cooperative movement. ‘’My office is ready with all the necessary assistance for…

Coop chief decries lack of female leadership in Saccos

Sacco Review8 months ago8 months ago02 mins

Garissa County Cooperative Chief Samuel Karanja has lamented over the fact that none of the 79 Saccos in the county is headed by a woman. He blamed male chauvinism in the region, adding that the residents do not vouch for women’s leadership despite them proving to be eloquent in leadership in many other areas. Karanja…

Digital loans a threat to Saccos, Director laments

Sacco Review9 months ago9 months ago02 mins

Garissa county Director of Cooperatives Samuel Karanja has expressed concern that with the aggressive mushrooming number of digital money lenders, the Sacco movement stands threatened. Speaking to Sacco Review in his office, Karanja lamented that the other challenge Saccos face is high loan defaults owing to the harsh economic times. “Most people opt for digital…

Coop chief decries lack of women leadership in Saccos

Sacco Review10 months ago10 months ago02 mins

Garissa county Cooperative Chief Samuel Karanja has lamented over the fact that none of the 79 Saccos in the county is headed by a woman. He blamed male chauvinism in the region, adding that the residents don’t vouch for women leadership despite ladies having proven to be eloquent in leadership in many other areas. Karanja…