Giant Stima Sacco focuses on CSR activities

By Fredrick Odiero 

Stima Sacco Chief Executive Officer Gamaliel Hassan has expressed his Sacco’s commitment to give back to the society as part of their Corporate Social Responsibility (CSR).

Speaking during the official opening of a major roundabout refurbished by the Sacco in Kisumu town, Hassan said his Sacco was keen on elevating the environment through conservation and beautification programmes.

“Kisumu city is a busy city with people from far and wide. The adoption of the roundabout goes a long way in giving the city the much-needed aesthetic facelift,” he said.

He said doing so demonstrates the values underpinning their organization’s mission and choices.   

“Our employees strive daily to enrich lives through business and community activities,” he said.

Hassan added that they focus their energies on initiatives that support their diverse membership and protection of the environment.

Kisumu Stima branch manager Anne Ayoro said the area has 24,000 members.

Ayoro said their high member retention is due to their affordable products and efficient services with very low turnaround times.

The manager said some of their future plans include growing membership base to 40,000 with an asset base of Shs 6 billion by 2024.

She proudly revealed that the Sacco is ranked as the 2nd best Sacco in Kenya and that during 2019 Ushirika Day celebrations, it was feted as the Most Innovative Nationwide Sacco.

Ayoro said they have been working closely with the community through CSR and that some of their initiatives include the beautification of Kisumu Oginga Odinga Street round about, donating text books to Obambo Secondary School in Siaya County and Nyagowa Secondary School in Homa Bay County and refurbishing a Special unit classroom in Acts of Hope Academy in Kisumu county.

Kisumu county Cooperatives Executive Committee Member Mr. Dickson Obungu advised members of the public to join the Sacco movement.

He added that through loans from Saccos, people grow.

Also present at the function was City Manager Abala Wanga, the director Trade and Industrialization Mr. Bovince Ochieng and local Director for Co-operatives Ms. Susan Kanga.“`

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