Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
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…
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…
Early every Wednesday morning, livestock and people flock Souk Hoola livestock market in Garissa. The livestock are very healthy and are sold at very high prices, contrary to media information that livestock prices have dropped to rock bottom due to the biting drought. The market is a beehive of activity. Most traders are either selling…
ODM nominated MP for Youth Umulkheir Harun has urged boda boda riders to form Saccos to empower them to greater socio-economic heights. Speaking during the end of a three month long drive to register boda boda operators in Garissa Township, Harun called on national leaders and public institutions to empower the riders who are key…
Meet George Mungai Njoroge. He is the vice chairperson of a Bodaboda Sacco in Murang’a County. He shares with Malachi Motano how the Sacco that was formed only five years ago has become a source of inspiration after transforming the lives of its members who are majorly the youth. “It is high time for youths…
By Gilbert Kobi Kisii County Commissioner for Co-operative Development, Pamela Kemunto has urged parents to support their children to embrace the culture of borrowing loans, making investments and saving in Savings and Credit cooperative (Sacco) societies to boost their incomes and strengthen the societies. The Commissioner challenged the parents to secure loans from the Sacco societies…
By Malachi Motano Saccos have moved into a second wave of rebranding, in an apparently new order that is adding the words DT Saccos (Deposit Taking-Saccos) on their names. Among them is Kenya Police Sacco that is now Kenya National Police DT-Sacco, Cosmopolitan Sacco is now Cosmopolitan DT-Sacco and Mombasa Port is now Mombasa Port…
By Cally Imbayi Governor Wycliffe Oparanya says Kakamega County will spent Sh25 million to strengthen cooperative societies that have been performing poorly. He revealed that they have prioritized streamlining of the cooperatives movement in the county to improve living standards. “We have allocated Sh25million for development of the cooperatives sector out of which Sh18million will…
