Finance agencies asked to motivate coffee farmers for investments

A Matungulu Constituency doctor has asked banks and micro -finance institutions to come up with schemes to motivate coffee growers for investments in the region.  Dr Philip Munyao, a consulting doctor, said financial institutions should train farmers on investment opportunities, saying that if there were regular fora organized by the banks, the interaction will encourage farmers to…

Read More
SACCO

All you need to know about retirement

Retirement can mean leaving employment to pursue other interests or businesses. According to my personal analysis, upon retirement, 47 percent of retirees depend on relatives, 3 percent go back to working, 16 percent depend on state pension and only 34 percent have financial independence. Interestingly, 82 per cent of those with financial independence (the 34…

Read More

Saccos urged to digitalize services for efficiency 

Uasin Gishu County Director for Enterprise Development Isaac Lagat has urged Cooperatives and Saccos to digitalize their services to attract and retain clients. Lagat noted that digitization and automation of Sacco operations will make it easier for them to improve on efficiency and restore members’ confidence Speaking during the training of Sacco representatives drawn from…

Read More

Kenya cements position as Islamic Banking hub in East, Central Africa

The existence of Gulf Africa Bank, Dubai Bank and First Community Bank as fully fledged Islamic Banks has cemented Kenya’s position as a hub for Islamic banking in East and Central Africa. The position is further cemented by the existence of Islamic products in conventional banks and Saccos. Abdi Hussein, Gulf Bank Garissa Branch Deputy…

Read More

Kajiado County to revive Ushirika Day celebrations

Kajiado County Executive Committee Member (CECM) for Gender , Cooperatives  and Culture Janet Sereu  has revealed that the county government will revive the annual Ushirika day celebrations which were stopped three years ago. Speaking during the handing over of a cheque for the purchase of a new house to Muungano Women Group  Housing Cooperative, the CECM revealed that the…

Read More

Groups urged to promptly repay Uwezo Fund loans

Kaloleni sub county Youth Development Officer Festus Matee has urged the beneficiaries of the Uwezo Fund to promptly repay their loans to enable other groups benefit. Matee noted that from the Ksh23, 255,000 issued to 192 Women, Youth and persons with disability groups in Kaloleni Sub County, only Ksh7,234,060 has been repaid. “That translates to…

Read More

Obonyo lauds Muungano Women Housing Coop for contribution to affordable housing

Commissioner for Cooperatives Development David Obonyo has commended  Muungano Women Group  Housing Cooperative for playing a key role in offering affordable housing in line with the Bottom up Economic Transformational Agenda (BETA). Represented by Morris Mworia from his office, the commissioner lauded the cooperative for empowering women and cooperatives in general for playing a significant role in supplementing…

Read More

How welfare group is positively changing retirees’ lives

The Retired Officers Welfare (ROWE) group, is redefining the art of retirement in the serene rural heartlands of Kakamega North County. Their story, a testament to the pursuit of both economic prosperity and community, unfolds against the backdrop of the attractive Kakamega landscape. Comprising retired individuals, ROWE stands as a stark contrast to the solitude…

Read More

County, Noble Sacco donate branded umbrellas to 14 bodaboda Saccos

Uasin Gishu county government Department of Trade, Industrialization, Tourism, Cooperatives and Enterprise Development in conjunction with Noble Sacco donated branded umbrellas to 14 boda boda Saccos operating within Eldoret CBD. Speaking during the event, Cooperatives and Enterprise Development Chief Officer Ruth Samoei called on the Sacco leaders to ensure members put on reflector jackets with…

Read More
Don`t copy text!