Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
John Gitonga did not know what to do after he dropped out of a teacher training college for lack of fees. His world came crushing down like a house of cards, but Ksh5,000 hit his refresh button to open his entrepreneurial mind to opportunities around him. But what can five thousand do? It can buy…
In 2009 when dairy farmers in Elburgon ward in Molo Sub-county came together with an idea of collecting milk daily as a group, they had no idea the group would one day give birth to a colossal cooperative Society. The less than 100 dairy farmers had only one reason for coming together: to collect milk…
Retired Boresha Sacco Chief Executive Officer Moses Chebor opens up about his life in retirement. He narrates how he keeps himself busy, his association with the communities and his future plans. He started by thanking Boresha Sacco for giving him an opportunity to serve as CEO for 35 years, a position that give him knowledge…
After being skeptical for a while about being part of a Sacco, Dennis Fondo finally decided to join Tabasuri Sacco. Fondo, a security guard with the Texas Security Company for about fifteen years now, says he wished he had joined Tabasuri Sacco way back when he first began working. He attributes the tremendous milestones he…
A loan of Ksh6 million from Imarika Sacco Limited turned around the life of a retired Kenya National Union of Teachers (KNUT) official Mwalimu Rasi, who is now living off the benefits accrued from the investments he made. Several consistent loans and repayments built his creditworthiness to a point he could borrow a huge sum,…
Ely Otieno joined Keystone Sacco, formerly Kisumu Teachers Savings and Credit Co-operative Society (KITE), over 20 years ago. He has never regretted joining the Sacco but has instead been counting blessings as a member of the organization. Otieno says he joined the Sacco in 1996 after starting off the teaching profession as a young visionary…
Michael Ochieng and his partner Esther Omcheni have co-owned Afritech, a print media investment since 1997 but the fortunes improved after the joined Universal Traders Sacco (UTS). They shared with this writer the sweet journey they have walked with UTS since they became members. “I came to know of the Sacco through one of its…
23 years ago, Stanley Joseph Njue and a few business people from Embu County came together to form a self-help group, whose monthly contributions started at Ksh100 but now stands at Ksh1,000 monthly. The self-help group has now matured into Mediators Savings and Credits Cooperative controlling a circulating capital of more than Ksh80 million. It…
Teaching is no doubt Martha Cheboi’s first love. You can easily tell that from her dedication to her pupils. But Cheboi discovered early in her teaching career that her big heart can accommodate more than one passion. When she was posted to Kotilion Primary School immediately after college, the idea of keeping poultry to make…
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…
