Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
From struggling to join a Sacco to leading one of the biggest in the country, it has been long journey for Robert Kithanju. When he applied to join the Embu Teachers Sacco in 1990, he had to wait for long before his application was accepted. Three decades later, he is the leader of the very…
More than 1,800 youth in Meru and Tharaka Nithi counties have received startup capital and kits worth Ksh60 million in a business incubation programme by Zoe Empowers that targets orphaned and vulnerable youths. Zoe Empowers is a non-governmental organisation that supports child headed families and orphans through business and vocational skills training. Speaking while issuing…
Potato farmers, who are the key players in the potato value chain “The Potato Consortium”, will today witness the harvesting of potatoes in the first demonstration farm in Kieni sub county, Nyeri county. The consortium, led by Co-operative Bank and the County Government of Nyeri alongside other consortium partners Yara E.A, Bayer E.A and Agrico PSA, will see the buyer of…
Young traders in Embu County have been challenged to form or join Saccos to qualify and access loans to enable them upgrade to become entrepreneurs. Embu County Director of Cooperatives David Muriuki cautioned the traders against underestimating the financial resources they mobilized daily, further urging them to save at least Ksh20 daily. “Saving in Saccos…
Driven by a passion in dairy farming and a clear vision on the future he desired, Samuel Kariuki used his meager savings to buy a cow. For the farmer from Runyenjes area of Embu County, that cow was a disappointment as it was a low yielding breed that could hardly produce five litres in a…
Hell broke loose during Sunrise Dairy Cooperative Society in Butali Chegulo ward, Malava constituency annual general meeting after members protested and called for the immediate arrest of staff and individuals who purchased their products and have refused to pay a debt amounting to Ksh218, 000. The members unanimously agreed to surcharge the debt to the…
Caritas Microfinance Bank has opened a new branch in Nakuru city, in a colorful ceremony attended by Nakuru Deputy Governor David Jones and Nakuru Catholic Diocese Bishop Rt. Rev. Cleophas Oseso. Kones promised that the county government will continue to create a conducive environment to attract more investors, especially financial institutions, to provide more services…
Githunguri Dairy and Community (GDC) Sacco has decried the double taxation that they are subjected to by the government, calling on policy makers to review the relevant laws that have seen them paying duplicated duty on loans advanced to members. According to Sacco chairman Joseph Gitau, they are taxed on members’ income and the same…
Yetu Sacco Society has opened a new branch in Chuka town, Tharaka Nithi County in a bid to reach out to more members. Sacco Chairman Mark Gitonga assured members that their money is safe and advised them to apply for loans, stressing that the frequency of getting the loan will be determined by the rate…
Farmers in various cooperative societies across Machakos County stand to gain following the huge allocation for the agriculture sector in the county’s Ksh14.75 billion 2023/2024 budget proposal. County Finance Executive Committee Member Onesmus Kuyu said agriculture was allocated Ksh904 million to enable farmers access affordable agricultural inputs, add value to their produce and enhance marketing…
