Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Our Reporter Saccos in Kisumu have been urged to participate in county cooperative forums for exchange of ideas and bonding. County Ushirika Council chairman Edward Matoke also said the cooperatives should also work hand in hand with county government to be more productive. He challenged the county cooperatives to have ball games and other…
By Erick Nyayiera Farmers in Siaya County have been encouraged to establish more agribusiness Savings and Credit Co-operative societies (Sacco’s) to enhance their socio-economic development. Bondo Sub-county Director of Co-operatives Aineah Ayamba said Siaya County will only develop if farmers can move from traditional forms of co-operative societies which only dealt with specific crops such…
By Azael Masese Savings and Credit Co-operative Societies in Machakos County have been urged to conduct aggressive marketing campaigns to increase their business volumes. County Co-operative Officer Joe Maina noted that critical among them is to improve on their share capital and deposits. Despite the societies’ closeness to Nairobi and the commercial opportunities it presents,…
By Erick Nyayiera Siaya County government through the department of Enterprise and Industrial Development has been asked to channel its Co-operative Development Funds to residents through established Savings and credit co-operative societies (Sacco’s). According to Bondo sub-county Commissioner of Co-operatives Aineah Ayamba, the Co-operative Development Fund will only benefit Siaya residents if it is channeled…
By Our Reporter Homa Bay County Women’s Sacco is on the verge of turning into a bank. The Sacco is currently pursuing a partnership with the Women Enterprise Fund (WEF) to fulfill its mission. The society was started by Woman Representative Gladys Wanga about three years ago. Currently it has 10,000 members. Its success has…
By Our Reporter Homa Bay County Women Sacco has received financial boost to strengthen its operations. The society received Sh10 million from Women Enterprise Fund (WEF) and two million shillings from the County Government. Homa Bay County Woman Representative Gladys Wanga said the Sacco was established to enable women be economically independent. “The funds will…
By Erick Nyayiera KUSCCO director David Ogega has said that high leadership turnover was killing Saccos in the Nyanza region. Ogega who was speaking during Taraji Sacco’s 40th AGM held in Siaya recently, advised various Sacco members to consider maintaining leadership so as to guarantee steady growth. “Nyanza region Saccos faces a high rate of…
By Our Reporter Savings and credit firm Unaitas has opened a new branch in Kisii town in a strategic move aimed at increasing its footprint countrywide. This will enable it to bring into its fold smallholder tea farmers through agency banking and further bring stiff competition in a region with over 20 financial institutions. Chief…
By Erick Nyayiera KUSCCO director David Ogega has said that high leadership turnover was killing Saccos in the Nyanza region. Ogega who was speaking during Taraji Sacco’s 40th AGM held in Siaya recently, advised various Sacco members to consider maintaining leadership so as to guarantee steady growth. “Nyanza region Saccos faces a high rate of…
By Our Reporter Residents of Siaya County have been asked to form more rural based savings and credit co-operative societies to help them in tapping the various development opportunities. Wilfred Ongoro, a Director of Co-operative Bank observed that a lot of opportunities like the sorghum farming which is currently being supported by the Kenyan Breweries…
