Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Nakuru County Chief Officer of Cooperatives Kibet Kurgat has revealed that the county government has plans to provide low interest loans to registered cooperatives and Saccos through a revolving fund. Speaking during a meeting with stakeholders in the dairy sector, Kurgat revealed that all the necessary plans to launch the loan product at the beginning…
The County Government of Kericho has pledged to assist young coffee farmers with technical advice and logistics in value chain to ensure prosperity. Representing county governor Dr. Erick Mutai during the launch of the sale outlet for coffee products produced by the Kipkelion Youth Service Cooperative LTD at Uhuru Gardens in Kericho, chief officer for…
Uasin Gishu Governor Jonathan Bii has said that his administration has put measures in place to encourage the youth and women in the county to join Saccos. He noted that these special interest groups should be facilitated to tap into the existing benefits of cooperatives. The governor was speaking in Soi during the official launch…
Laikipia Governor Joshua Irungu has lauded the role of cooperatives in uplifting residents’ lives and as a key driver of economic growth in the county. He noted that the county boasts of 210 registered cooperatives with a membership of over 98,000 and a total asset base of Ksh7.4 billion. “Cooperative societies, as a mass movement…
Nakuru County Chief Cooperative Officer Kibet Kurgat has urged Sacco officials to market their products and services more aggressively and initiate campaigns to create awareness in order to increase membership. The Officer said that new members will join the Saccos only if they understand the benefits in store for them. Kurgat, who was speaking at…
Nayopo Sacco has initiated a mass recruitment of members in Naivasha sub-county and its environs. Speaking during the Sacco’s Education Day held at AIC Technical Institute in Naivasha town, Chairman Simon Njuguna said that the Sacco provides affordable services and loan products which can assist members to fulfill their financial obligations. “The mass recruitment of…
A team of top CEOs of Savings and Credit Co-operative Associations (SACCAs) drawn from across USA, Europe and Canada, who are in the country for the Inaugural ACCOSCA International CEOs’ Summit which ends on November 11, have called on Kenyan Saccos to strive to meet the needs of their members as a pivotal strategy towards…
Uasin Gishu Governor Jonathan Bii has said that his administration will continue providing financial support to cooperatives in the region. He said that cooperatives are one of the sectors with great potential to employ a large number of jobless youth. While speaking during a forum that brought together women in Cooperatives and MSMEs in Eldoret,…
Women and institutions in Kajiado county will receive interest free loans from the county government if the Kajiado County Women Economic Empowerment Fund (Amendment) Bill 2023 becomes law. The bill will establish a Women Economic Empowerment Fund. Kajiado County Assembly Committee on Gender, Culture, Cooperatives, Tourism and Wildlife Chairperson Naisiae Karia said the Act seeks to…
The Parliamentary Committee for Blue Economy Water and Sanitation has urged the government to avail funds to jumpstart the stalled Ksh19 billion Koru-Soin dam project straddled across Kisumu and Kericho counties. Speaking during a tour of the project, the Committee Vice Chairperson and Kuria East Member of Parliament (MP) Marwa Kitayama called for jumpstarting of…
