Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Munene Maina Saccos have been urged to follow up on their members to ensure they make proper investments from the loans they get. This will help reduce the number of loan defaulters in the sector according to James ole Nkiti, a Manager with KUSCCO. “Let the Sacco invest in members’ education and training to…
By Enock Kipturgut Uasin Gishu County Executive Committee Member (CEC) in Charge of Trade, Industrialization, Cooperative and Enterprise Development Esther Mutai has challenged Saccos across the county to embrace marketing through the use various communication channels. The channels, she said include social media platforms such as Facebook, WhatsApp and Instagram. “Delegates and members should use…
By Our Reporter Kericho County Director of Co-operatives Leonard Otii has asked Sacco delegates to be in the forefront in marketing their Saccos to attract more membership. Otii also said Sacco delegates should lead by example by being in the forefront of buying shares to boost stability of their Saccos. Otii spoke during this year’s…
By Munene Maina More farmers in co-operatives are set to benefit from agriculture loans that will improve their income. World Council of Credit Unions (WOCCU) has extended its partnership with societies in the country to support more farmers. Recently, WOCCU Chairman Brian McCrory and President Brian Branch visited Siraji Sacco in Timau for a partnership…
By Enock Kipturgut Deputy Commissioner for Cooperatives Development and Marketing Stanley Ongeti has lauded Boresha Sacco for its major strides in branch expansion beyond its base. Speaking the 27thAnnual Delegates Meeting held in Eldama Ravine, the Commissioner said that Boresha Sacco is among a group of large Saccos across the country due to its resource…
By Munene Maina Laikipia West Co-operative Officer Rosemary Ngugi has cautioned residents against joining any new Sacco that opens offices in the area without knowing them better. She noted many Saccos were opening branches in the area and it was prudent for the public to seek more information before saving their money with them. “We…
By Munene Maina Viktas Sacco is seeking to upgrade its current Management Information System (MIS) to a robust and scalable system that has both the Sacco banking system and ERP integrated. In a newspaper advertisements, the Sacco has requested for proposals for the supply, installation and commissioning of an integrated Sacco banking and ERP system….
By Our Reporter Kenya Highlands Sacco has put in place appropriate mechanism that ensures accountability of all transactions and engagements of the society. This is in addition to tight internal control mechanism to safeguard the assets of the Sacco. “We have also enhanced risk based audit and put in place an active directory to monitor…
By Munene Maina Farmers at Kesses sub-county,Uasin Gishu County, have been advised to join co-operatives for easy access to loans to pursue their dreams. The county governor Jackson Mandago said societies will enable youth to engage in productive activities that will provide them with income and revenue to the county. The County Agriculture Executive Samuel…
By Alfred Kimosop A woman has been elected by the delegates of Boresha Sacco to serve on the Board of Directors. The election of Farida Haji to the fast growing Sacco put Boresha among few Sacco’s which have embraced the gender balance rule. Speaking during the election of the new board member at the educational…
