Category: Uncategorized
Bingwa Sacco boosts local communities
By Jackson Okoth. It has perfected the art of donating free branded chairs and tents to be used in almost all occasions in the County from funerals, prize giving days in schools, public functions to weddings and other gatherings. This ingenious marketing strategy has enabled Bingwa Sacco Limited to increase its presence and influence within…
Sacco eyes investment in assets to empower youth
By Dennis Bett. Elgeyo Marakwet Youth Bunge Sacco has embarked on a mission to invest in assets and business generating activities as a way of empowering the youth. Speaking recently in Iten Town during the Annual Delegates Meeting, Chairman Nathan Tanui said that the society had grown its savings from Sh85,000 when it was established…
Farmers in Saccos to benefit from warehouse partnership
By Wasike Elvis. East Africa Exchange Company(EAX) has partnered with ABC Bank and East Africa Farmers Federation to build a Warehouse in UasinGishu County to be used by farmers in co-operatives. EAX Chairperson Jendayi Frazer said the facility to be built following the signing of a Memorandum of Understanding (MOU) between the three will help…
Mafanikio opens Ukunda branch
By Tsozungu Kombe. Mafanikio Sacco, formerly Mombasa Teachers Sacco Ltd has opened a new branch in Ukunda town, Kwale County. The Ukunda branch situated at Arusha Plaza along the Likoni- Lunga Lunga road is meant not only to bring services closer to the residents of the county, but also to serve local residents more conveniently….
Nakuru County Govt moves to support farmers’ Co-operatives
By Munene Maina Nakuru County Government has embarked on an ambitious strategy to strengthen farmer’s co-operatives and boost Agricultural sector. Speaking to Sacco Review in his office, Nakuru Co-operatives Director Patrick Mak’Anyengo said strong societies for farmers will ensure they get good returns from their activities. “Agriculture sector plays a big role in our county…
Skyline, the fastest growing Sacco in North Rift
By Enock Kipturgut. Delegates of Skyline Sacco have approved to construct an ultra-modern plaza at a cost of Sh 100 million, to be situatedin Eldama Ravine to serve as the Society’s headquarters. This resolution was arrived at recently when Skyline Sacco held a Special Delegates Meeting at Chambai Springs Hotel, Eldama Ravine. At the meeting,…
Imenti Sacco to empower members and farmers
By Munene Maina. Imenti Sacco has embarked on training farmers and other Sacco members to carry out their agricultural activities for commercial purposes. The Sacco Chief Executive Officer, Judy Ngatha said that most farmers were not carrying out their activities for commercial purpose but purely for subsistence and reiterated the Sacco’s desire to change this…
Unison Sacco in ambitious share drive
By Munene Maina. Unison Sacco has embarked on an ambitious share drive with an aim of raising working capital. “We should embrace this drive to make us realize our targets and dreams,” said the Sacco’s Chairman, Mr James Muhandi in a Board of Directors’ report. With the drive members are poised to earn higher dividends…
Wevarsity Sacco lowers interest rates
By Seth Musisi. A Special Delegates Meeting of Wevarsity Sacco has passed a resolution to lower interest rates on all long term loan products to 12.9 per cent. The Society, which draws the bulk of its membership from employees of Masinde Muliro University of Science and Technology and Kibabii University, recently held a special meeting…
First Halal expo held in Kenya
By Amoto Dennis. The first ever Halal exhibition in Kenya came to a close at the Kenya International Convention Centre (KICC) in Nairobi recently with a call on all Muslims in the country to tap into the Halal conscious markets. Tourism Cabinet Secretary Najib Balala who was the chief guest at the expo which attracted…
