cooperatives

Co-op stakeholders urged to tap start-ups to spur growth

Experts and other stakeholders in the cooperative movement have been challenged to offer professional guidance on prudent financial management to start-up groups to ensure such units mature to Saccos and Cooperatives. Former Commissioner of Cooperatives Geoffrey Njang’ombe argued that when well equipped with skills and funds management skills, the groups have the potential of expanding…

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sacco

Gov’t urged to pay salaries through Saccos

Amica Sacco Chairman Hezron Maina Muchiri has asked the government to channel salaries for public servants and payment to suppliers through Saccos. Muchiri said the money will boost Sacco portfolios and also improve their financial status. He lamented that payment of civil servants and entrepreneurs exclusively through banks was alienating Saccos from the national payment…

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empowerment

Woman Rep issues Ksh2.4M economic empowerment funds to vulnerable groups

24 women, youth and People Living with Disability (PWDs) groups in Isiolo County have benefited from a Ksh2.4 million economic empowerment programme under the National Government Affirmative Action Fund (NGAAF) kitty. The groups drawn from across the 10 wards in the county received cheques of between Ksh100,000 and Ksh130,000 through the office of the county…

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SACCO

Retired teacher reaps from farming, thanks to Eco-Pillar Sacco

Retired teacher Simon Kabui Kabosh invested heavily in farming using loans he borrowed after saving with Eco-Pillar Sacco. The man who retired in January this year taught in many schools in West Pokot County and retired while serving as the head-teacher of Propoi Primary School. He lives in Aruba village, Sinyerere Scheme, Cherangany Sub County…

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County to train Coop leaders on prudent management

Nyeri County government will train all cooperative society officials to enhance prudent management in the sector. Governor Mutahi Kahiga said the training will be done annually. “We shall be getting all the board members from coffee, milk cooperatives and Saccos among others and train them so that their management and governance skills are enhanced,” he…

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Siaya KNCCI loans

Siaya traders receive loans from KNCCI

Small-scale traders in Siaya County have received business loans from Kenya National Chamber of Commerce and Industry’s (KNCCI) MasterCard programme.  The KNCCI Siaya branch Chairperson Mrs. Roseline Omuga said the first group of traders at Kambare trading center in Gem sub-county have received a minimum of Ksh30,000 interest-free loans.  She encouraged more traders from across…

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