Youth Sacco bridges credit gap

By Hilton MwabiliMombasa County joint Huduma Cohort Youth Sacco has facilitated credit to small and medium enterprises to empower youth. The umbrella body hosting at least 23 minor youth Saccos says the credit will instil financial liberation amongst young people. With an asset base of Sh35 Million, the lender has partnered with the Mombasa County…

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Create emergency fund for businesses

By Kamundia MuriithiA Sacco in Embu has asked the government to create a fund to support businesses in case of upheavals caused by future pandemics. Focus Realtors Sacco leadership also appealed to various governing institutions to develop measures to relieve the pains of businesses going through hard financial times. The Sacco management recounted that they…

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County registers two coops

By Tsozungu Kombe Lamu county government has registered two new cooperative societies to serve the transport and fishing industry. Speaking to Sacco review in Lamu town recently, the County Cooperative Auditor, Nickson Baya said they have registered one Matatu Sacco and a Fishermen’s Sacco. He however said Sacco business in the area was negatively impacted by…

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Farmers urged to join Saccos

By Tsozungu Kombe Farmers in Taita Taveta County have been urged to join Saccos in large numbers and save heavily to enable them get loans to boost their undertakings. Speaking to Sacco Review from Wundanyi town recently, the Taita Taveta County Cooperatives Commissioner Erastus Gonzi said many farmers lack of adequate capital. He further asked…

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