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Vihiga’s 95 registered Saccos plagued by challenges

Sacco ReviewJuly 31, 2020August 4, 202003 mins

By Our Reporter Vihiga County has well over 95 registered co-operative societies based on agriculture and savings and credit co-operative societies (SACCOs), housing, handicraft, and transport services. These co-operatives are distributed as follows: four dairy, five coffee, 57 savings and credit (Saccos), 12 housing, and 17 other co-operative societies based in the informal economic sector….

Bungoma County Government urge farmers to join Saccos

Sacco ReviewJuly 13, 2020July 15, 202003 mins

Bungoma County Government is set to revive the dormant co-operative societies in the region. Stella Mutsotso, the Chief Officer in charge of Co-operatives urged farmers to join co-operative societies in order to empower themselves economically. “If our farmers join co-operative societies, they will get better returns of their agricultural produce based on their bargaining power….

Rice co-op offers new life to farmers

Sacco ReviewJanuary 6, 2020January 6, 202001 mins

By Washington Okellah Hundreds of rice growers from Bunyala sub-county in Busia County, who are members of Bunyala Rice Farmers’ Cooperative Society Ltd, are set to earn more. The Society has harvested and sold rice planted on 700 acre parcel of land according to its chairman Robert Musolo. He said they have a membership of…

Busia trade department to partner with CRBs

Sacco ReviewOctober 23, 2019October 23, 201902 mins

By Mathews Achola Trade and cooperatives department in Busia County is considering partnering with Metropol and Trans Union Credit Reference Bureaus (CRBs) in sharing data of beneficiaries of the Cooperative Enterprise Development Fund (CEDF). Chief Officer in the department Nelson Kwamini to Sacco Review the move to share the data is meant to ensure defaulters do…

Busia fish traders urged form Saccos to access development loans

Sacco ReviewOctober 14, 2019October 14, 201903 mins

By Washington Okellah Fish traders from Port Victoria town in Budalangi constituency, Busia County have been urged to form SACCOS to access development loans. Speaking after launching a 14 seater Nissan van bought by Maningo SACCO members, Budalangi MP Raphael Wanjala said SACCOS are the bridges that lead to instant wealth. He lauded the Sacco…

Bureaucracies in land buying affecting housing societies

Sacco ReviewSeptember 19, 2019September 19, 201905 mins

By Andanje Wakhungu Acquisition of land has been cited as a major impediment in the implementation of Malava Housing Cooperative Society housing scheme in Kakamega County. According to Sacco chairman John Lumbatatia, the process of acquiring land has been so expensive making it difficult for the society to acquire and allocate parcels of land to…

Governor urges Sacco members to repay loans on time

Sacco ReviewAugust 9, 2019August 9, 201902 mins

By Godfrey Wamalwa Busia Governor Sospeter Ojaamong has urged Sacco members to make timely loan repayments. This, he said, will boost the institution’s financial base. Governor Ojaamong was addressing members of Malaba Border Riders Sacco recently during a funds drive to support purchase of a mini-bus. He noted that without discipline in lending and repayment…

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Kakamega residents urged to form co-operatives

Sacco ReviewJune 18, 201902 mins

By Andanje Wakhungu Residents of Kakamega County have been urged to form more cooperative societies to their livelihood activities. Speaking during the launch of Machesi Cooperative Society in Mugai /Shirugu ward, cooperative officer, William Muchiti, said cooperative societies was the only way forward for the residents to be able to sustain development in the area….

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Vihiga bodaboda operators to form Sacco

Sacco ReviewJune 17, 201901 mins

By Rosemil Oduor Vihiga Governor Wilber Ottichilo has supported plans by boda boda operators in his county to form savings and credit cooperative society. Otichillo urged the operators to also engage in other income generating activities like small scale farming ,growing tissue culture bananas, indigenous vegetables, rearing poultry and livestock. He also said his government…

Kakamega allocates Sh380 million to boost agriculture

Sacco ReviewMay 29, 201902 mins

By Andanje Wakhungu The County Government of Kakamega will spend over Sh 380 million in the purchase and distribution of subsidized maize and fertilizer to farmers. Deputy Governor Professor Philip Kutima stated that it was time the county started looking for alternative sources of income apart from the maize and cane farming. “We have already…