Faridi Sacco Vice Chairperson Jeremiah Luttah has called for incorporation of cooperative aspects in school curriculum to boost the saving culture among the young generation.
Speaking during the Ushirika Day 2025 celebration at the Busia ATC ground, an event attended by various key stakeholders in the cooperative movement in Busia County, Luttah highlighted the need for education in the digital age, suggesting that introducing cooperatives into the school syllabus could help instill a culture of saving among children at a young age.
To enhance the future for ourselves and the next generations, Luttah encouraged the youth to engage with the cooperative movement, as this participation can help combat complacency and promote an active approach to their futures.
Additionally, he urged the government to increase funding for cooperatives and enhance training programs for their leaders, fostering better leadership and mentorship.
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“In a society where we will all eventually retire from formal employment—whether in our businesses or otherwise—it’s crucial that we prepare ourselves today,” Luttah stated.
He also called for cultivating a saving culture among the youth and all individuals, advocating for a readiness to adapt and accept the value of starting small.
He emphasized that success requires openness to acquiring knowledge from professionals while not shying away from calculated risks that can lead to value addition.
“If you’re hesitant about taking a loan, changing your financial situation will be challenging,” he remarked.
Luttah also encouraged leaders to actively seek input from the public regarding their economic desires, reinforcing the importance of focusing on economic needs rather than political interests to facilitate meaningful change.
Luttah commended the cooperative movement for coming together to celebrate this special event. He emphasized the important role cooperatives play in society and encouraged both the national and county governments to extend their services to grassroots levels so that more individuals can understand the significant contributions of cooperatives.
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In his remarks, Matayos Sub-county Cooperatives Officer Zebedee Lusimbo urged the community to join and develop Saccos, as cooperatives are vital in building a better future.
Currently, Busia County has 49,000 registered cooperative members, which is below expectations. According to Lusimbo, Kenya boasts a total of 14 million registered members, ranking first in Africa and seventh in the world; however, he acknowledged that Busia’s cooperative presence needs to grow.
Faridi Sacco Society is recognized as one of the leading cooperatives in the country, with an impressive asset base of over 2.5 billion as of May 31, 2025. Founded in 1977, the Sacco operates two branches in Busia town and Malaba, along with service provisions in Ugunja and Port. Plans are underway to open new branches in Koyonzo, Bunyala, Changara, and Bungoma West, where they have a substantial presence.
By Victor Ngecho
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