Church members benefit from new Sacco

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Apr 18, 2017
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By Esther Chesoro.

Over 800 members of the Mwikaria Catholic Men Association are part of the newly launched Sacco in Tharaka Nithi County in order to improve their lives.
Ephantus Mugendi a beneficiary of the Sacco, borrowed a loan of Sh150,000 which is three times his savings which he used to buy land to build a house. Abraham Maruta, the County Caritas Director said the Sacco enables members to save as little as Sh50 which accumulates so that they get loans gradually. The current population growth leads to dwindling resources. As a result, land becomes scarce and expensive but the Sacco has enabled members

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