Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Retired Boresha Sacco CEO Moses Chebor has revealed that between 1985 to 2020, Sacco’s asset base increased from Ksh15 million to Ksh8 billion. Chebor said the achievement was enhanced by cooperation between all Sacco members. During this interview, he revealed the top ten managerial skills they used to push Sacco to greater heights. He said…
Deputy President Rigathi Gachagua has assured tea farmers that the government is in the process of implementing the Tea Act of 2020 sponsored by Kericho County Senator Aaron Cheruiyot. Speaking during the closing ceremony of a three-day conference dubbed, “Mkulima Kwanza” held at the Kericho Golf Club, the DP noted that implementing the Act will…
Rift Valley KUSCCO Regional Manager Stephen Makori has called upon governors from Rift Valley region to fund small and upcoming Saccos and cooperative societies to ensure their sustainability. Speaking during the Ushirika Day celebrations, the manager noted that most of such Saccos do not have adequate funds for capacity building and leadership training hence they…
Elgeyo Marakwet County government has partnered with Hanse Agrostore International to boost potato farming in the region. Speaking during the Ushirika Day celebrations held at Iten grounds, County Executive Committee Member (CECM) for Cooperatives, Trade, Industrialization, Tourism and Wildlife Robert Kangogo thanked the investor for partnering with the county to catapult the potato sector. Kangogo…
Farmers have been urged to join cooperative societies to increase their bargaining power and access to credit. Uasin Gishu County Chief Officer for Agriculture Elphas Kesio revealed that the county government is committed to solving the challenges facing farmers including low produce prices and limited access to credit. He called on farmers to diversify their…
Robert Mbati Cheminingwa, a teacher by profession, borrowed Ksh750,000 from the Stawisha Sacco in 2013 to purchase five acres of land in Endebess, Trans-Nzoia County. He then decided to venture into potato farming and that was the turning point of his life. Before this loan, he had earlier on borrowed Ksh500,000 from the same Sacco…
Elgeyo Marakwet County Executive Committee Member (CECM) for Cooperatives, Trade, Industrialization, Tourism and Wildlife Robert Kangogo has hailed cooperative societies for their pivotal role in transforming lives in communities. Speaking during the regional Ushirika Day celebrations at Iten grounds, the CECM said the sector was in tandem with the national government’s bottom up economic transformation…
Elburgon dairy farmers have formed a new Sacco in the name Elburgon Maendeleo Sacco to help them save and borrow to improve their financial status. Its chairman Johnson Sang said that their aim is to create an avenue for members to save towards boosting their financial standing. Speaking in his office in Elburgon town, Sang…
Uasin Gishu County’s Department of Trade, Industrialization, Tourism, Cooperatives and Enterprise Development has trained cooperatives and Saccos across the county to revolutionize the cooperative landscape. The training exercise encompassed a wide range of vital topics focusing on areas such as share mobilization, book-keeping and auditing, management strategies, and embracing new technological trends. The department’s County…
Nakuru county Governor Susan Kihika has urged Sacco leaders to embrace good leadership to ensure the survival of their societies. In a speech read on her behalf by Deputy governor David Kones during the 101st Ushirika day celebrations, Kihika said Saccos are great contributors of economic development hence they should be managed well to safeguards…
