Finmat Sacco embarks on member training to enhance financial literacy


Finmat Sacco has embarked on frequently holding member education days to strengthen financial literacy among members.

Credit director Beatrice Kisanya assured members that the Sacco is focused on its core business of empowering members through financial literacy training so as to improve their individual as well as collective financial welfare.

“Finmat Sacco prides itself for amassing its membership from financial education enthusiasts and entrepreneurs with the main aim of alleviating poverty across the country and uplifting over 100,000 people to become financially stable and independent. We have taken this initiative through educating our members on matter finances so that they can invest wisely and uplift their livelihood,” she said.

She added that the Sacco participated in the Ushirika day competition to learn and benchmark with other successful Saccos.

“It was worth noting that our Sacco was not left behind as we stood out as one of the most upcoming and promising societies,” she said, adding that the Sacco is delighted to be part of the movement that will powers up the economy.

Finmat Sacco is registered under the Cooperative Society’s Act as a limited liability society.

It was started as a financial matters welfare by 30 former bankers in 2018, after which it was converted to a Sacco the following year. Its membership has grown to 1,200 with its asset escalating over Ksh25 million. 

By Andanje Wakhungu

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