Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By John Majau Cabinet Secretary Margaret Kobia has asked women and youths to apply for loans from the government empowerment funds kitty. Speaking at Kinoru Methodist of Kenya (MCK) Church where she issued Sh9.15million to women groups from the Women Development Enterprise Fund kitty, Kobia said the money will empower and transform the lives of residents….
By Tsozungu Kombe The Covid-19 pandemic has derailed efforts of registering new Saccos in Kwale County. Speaking to Sacco Review in Kwale town recently, the acting Kwale County Cooperatives Commissioner Mohammed Mkanga said not many Saccos were registered during the pandemic. Mkanga also lamented that many Saccos in the region performed poorly in 2020 following…
By Our Reporter A group of retired teachers in Nyeri County have launched the construction of a Sh143 million housing project. The group known as Tekimamo (Tetu, Kieni, Mathira, Mukurweini and Othaya) was founded in 1968. Sampesa Agency Ltd is finding the construction of the commercial rental houses to be built in four-storey blocks. Upon…
By Bonface Mulu The Bestrock Savings and Credit Cooperative Society plans to construct its own building within Kitui town to save money spend on rental costs. The society’s chairman Francis Muli Kithae the building will also ensure that they enough office space. The Sacco will construct the building within the Kitui Town’s Central Business District…
By Lydia Ngoolo Kwetu Sacco Supervisory Chairperson Schola Kyeti has asked teachers to bank with the Sacco because it offers convenient services. Speaking at Kibwezi she told them that it is easy to borrow from the Sacco, unlike from banks which only lend business people but not teachers. “We are kindly waiting for you to…
By Tsozungu Kombe Twenty five women and youth groups in Mvita constituency have received loans from Uwezo Fund amounting to Sh36.6 million to boost their businesses. Mvita MP Abdulswamad Shariff Nassir said they have been given the money as a revolving fund to enable them improve their small scale businesses and repay later. He added…
By Asa Maina Biashara Sacco has been licensed to operate agency banking services by Sacco Societies Regulatory Authority (SASRA). The move follows a successful pilot implementation and opening of a satellite office in Mairo Inya along Nyeri – Nyahururu road. The institution has also embarked on the full installation and development of the Electronic Document…
By Norah Musega Bodaboda operators in Awendo sub county, Migori County have formed an umbrella body to enhance unity among all riders for development purposes. They conducted elections at the sub-county headquarters in Awendo on April 1, 2021 where Felix Otieno was elected chairman and Victor Opuch the secretary. Speaking after elections the officials told…
By Our Reporter The county government of Bomet has constructed a modern sweet potato processing plant in Chepalangu Sub County. The county has under the leadership of Governor Hillary Barchok tapped into the resource to improve the economic standards of area residents The plant which is set to be launched soon will focus on production…
By Aggrey Buchunju Relisa Sacco finally conducted Bungoma branch elections which had been postponed for one year due to the Covid-19 pandemic. Messrs Phillip Amwayi and Ben Watitwa were elected unopposed to serve as delegates during the elections held at Bungoma Railway station grounds. The peaceful elections were presided over by Madisa Barasa from the…
