By Ben Oroko
Lack of access to finance due to factors such as collateral, complicated administrative procedures in loan applications and prohibitive interest rates is affecting and limiting investment and productive capacity of women in Kenya.
It is against this background the Kisii County Government has swiftly moved in to facilitate women from the County to form and register women-run and managed co-operative societies to mobilize resources for women empowerment.
Governor, James Ongwae (pictured) has indicated that his administration plans to assist grassroots women to form and register co-operative societies in all Sub-Counties in the County, to help them mobilize financial resources for self-reliance and economic empowerment.
He has consequently directed Maendeleo Ya Wanawake Organization (MYWO) Kisii County Chairperson, Mrs Bathseba Sanaya to liaise with his office to have the organization register a co-operative society to mobilize funds for women empowerment across the County.
Flanked by the Principal of the Co-operative University College, Prof Esther Gicheru, the Governor also pledged to sponsor training for leaders at the Co-operative University of Kenya who will be elected as officials for the impending MYWO County Co-operative society, to ensure they manage their society prudently for the benefit of the members.
MYWO National Secretary, Elizabeth Mayieka backed the Governor’s idea, saying having women operating under co-operative societies will make it easy for them to access funds for businesses.
By Ben Oroko