Garissa Teachers Sacco opens common bond

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Nov 23, 2017
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By Our Reporter.
Garissa Teachers Sacco has opened its common bond in order to attract membership from other sectors including the Business community.
This will enable the Sacco to diversity its business operations and strategy.
Located in Garissa town, the Sacco is licensed by the Sacco Societies Regulatory Authority (Sasra) as a deposit taking institution.
Opening the common bond will see the Sacco attract members from other sectors into its fold as it seeks to adapt to a fast changing business environment. Garissa Teachers Sacco Chairman, Dekow Iman said the Sacco has embraced Information and Communication Technology (ICT) and innovation to cope with the needs of members for efficiency service delivery.
He revealed that the Sacco issued loans amounting to Sh200 million from Sh150 million last year .

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