Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Yetu Sacco is gearing up to launch a new branch in Chuka town, in a move meant to bring services closer to members.The new branch, which will be launched on June 19, 2023, will bring the total number of branches to eight.Speaking during the Society’s 31st Annual General Meeting (AGM), Sacco Board Chairman Mark Gitonga…
The Coffee Brewers Bar through their CEO John Muli has assured coffee buyers of quality coffee from Machakos county and urged them to sample coffee from the region. Speaking during the Agricultural Society of Kenya South Eastern Kenya National Show exhibition held in Machakos, Muli argued that coffee from Tala and Kangundo areas in Machakos…
Many Saccos countrywide are using publicity campaigns to net in more members which consequently increases their share capital and liquidity. The Saccos adopt big marketing budgets as a move towards making them more popular among their target market. Adopted publicity materials are creative, attractive and direct since they are tailored to reach and entice specific…
The enthusiasm by small rural based enterprises in Embu County in embracing the group based Hustlers’ Fund loans is bound to give stiff competition to Saccos and banks for customers, former Commissioner of Cooperatives Geoffrey Njang’ombe has warned. The launch of the second phase of the Hustler Fund will see registered groups qualified for loans…
A study by the Financial Access Initiative (FAI) has shed light on the role of entrepreneurs and financial service providers in providing SMEs with customized credit facilities to enable them improve their services. Titled Kenya Small Firms Diaries Study, the study revealed that 51 per cent of the adult population in Kisumu county own small…
Directorate of Livestock Policy and Regulations representative Dr. William Akwimbi has expressed optimism that law and order will be restored in the Ministry of Agriculture and Livestock following the development of seven regulations to promote livestock production. Speaking in Kisumu during a public participation drive attended by stakeholders from Nyanza and Western regions, Dr. Akwimbi…
Tea farmers from Embu county have been trained on diversified farming methods which include planting fruit trees and food crops in a single field as well as livestock and aquaculture farming as a means to achieve food security and financial security. The training was courtesy of Daima Sacco. Speaking at Kigari Teachers Training College, Sacco…
Small rural based enterprises, especially women groups in Embu county, have appealed for help from various experts in the cooperative movement to help them create ecofriendly products. One such enterprise is Kiritiri Kwimenya Self Help Group which makes eco-friendly Kiondo bags from sisal fibre. The bags are mainly sold through barter trade with maize growers…
Cooperative movement stakeholders are expected to attend a three-day inaugural Cooperative Movement Stakeholders Annual conference scheduled to be held in Mombasa between June 13-15, 2023 to discuss the progress and achievements of the movement in Kenya. The conference, whose theme will be ‘Cooperative Business model for Socio-economic Transformation, will focus on how various sectors of…
President William Ruto has officially launched the second phase of the Financial Inclusion Fund (Hustler Fund) that targets registered groups. Speaking in Embu town during the 60th Madaraka Day celebrations, the president said the groups can qualify for loans up to millions of shillings. He pointed out that the groups will be used as collaterals…
