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Youth in Business Asked to Form Saccos for Advancement of Their Activities

Fredrick Odiero The Kisumu County Government has called upon youths who are engaged in various enterprises to form Savings and Credit Cooperative Societies (SACCOS) in order to advance their activities. The…

Untapped investment opportunities for Saccos in counties

By Sammy Chivanga Savings and Credit Cooperative Societies (Saccos) are increasingly winning county government staff into the cooperative movement but are dragging their feet on investing in multiple sectors at…

Members of Magombe Multi Purpose Cooperative Society Receive Modern Rice Harvesing Machine

By Gilbert Ochieng. For the past fifty years since the first rice crop was planted and harvested in 1969, the rice farmers at Bunyala rice scheme have been incurring huge…

Making housing schemes affordable, gov’t urged

By Kamundia Muriithi Owning a home is a dream that many Kenyans harbour, but few actualise it due to the associated high costs of constructing houses. In recent times, housing…

Cash-strapped Wevarsity Sacco replaces entire board

By DOUGLAS DINDI Cash-strapped Kakamega based Wevarsity Sacco has replaced the entire board of directors in a recent elections held despite Covid-19 protocols. About four hundred members gathered at the…

KMRC disbursed Sh2.75bn for home loans in 2020

By Malachi Motano The Kenya Mortgage Refinancing Company (KMRC) disbursed Sh2.75 billion in 2020 to participating primary mortgage lenders (PMLs) in its debut lending since it was established. “That amount…

Sh.5M released to miraa Sacco

By John Majau The County Government of Meru has allocated Sh5 million to Nyambene Miraa Sacco to be loaned out to more than 3800 members across Igembe and Tigania regions.…

Nyeri Sacco targets Laikipia farmers in its growth agenda

By Our Reporter Nyeri based NewFortis Sacco has trained its eyes on farmers and pastoralists in Laikipia County in a bid to deliver banking services to them and enhancing food…

Committee to lobby more funds for industry

By Dennis Bett The National Assembly Trade, Industrialization and Cooperatives Committee will push for allocation of more money to industries. The MPs said support should be accorded to the manufacturing…

Survey reveals that women are locked out of Sacco management in Kenya

By Malachi Motano The latest report by the Saccos Regulatory Authority (Sasra) indicates that women have been locked out of Sacco management in Kenya. According to the report, men dominated…