Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Malachi Motano Over 200 small scale traders in Busia are now benefiting from from ‘County Trade Revolving Fund’ meant for economic empowerment. According to Governor Sospeter Ojaamong,’ 220 traders benefited from from the fund and encouraged others to take advantage of such loans as their terms are friendly. “The loan has friendly interest of…
By John Majau Small businesses are set to benefit from affordable low interest loans under a post-Covid-19 recovery strategy that was launched by the Meru County government recently. Meru Governor Kiraitu Murungi said small holder businesses will access loans ranging from Sh2000 to 30,000 through mobile app dubbed ‘Sacco-Benki’. He was speaking at an event…
By Amoto Dennis The Garissa County Cooperative Officer Samuel Karanja has made a passionate appeal to youth and women in the areas to form cooperative societies in order to uplift their living standards. Karanja told Sacco Review that the government has set up a sharia compliant regulations for Muslims in the banking sector. He added…
By Fred Sitati The much-anticipated turnaround of coffee cooperatives following the introduction of cherry advances to the farmers by the recently created New KPCU continues to elicit mixed reactions from farmers. A cursory assessment shows that the uptake of this facility remains way below expectations despite frantic efforts made by industry players since last year….
By Amoto Dennis The Garissa County Cooperative Officer Samuel Karanja has made a passionate appeal to youth and women in the areas to form cooperative societies in order to uplift their living standards. Karanja told Sacco Review that the government has set up a sharia compliant regulations for Muslims in the banking sector. He added…
By John Majau Cabinet Secretary Margaret Kobia has asked women and youths to apply for loans from the government empowerment funds kitty. Speaking at Kinoru Methodist of Kenya (MCK) Church where she issued Sh9.15million to women groups from the Women Development Enterprise Fund kitty, Kobia said the money will empower and transform the lives of residents….
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…
By Malachi Motano Agriculture Cabinet Secretary Peter Munya has ordered boards of coffee cooperative societies to allow farmers to borrow from the Sh3 billion coffee advance cherry fund. “It is not right for boards to deny farmers their right by failing to sign forms presented to them.From now on my office will crack the whip…
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…
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…
