Kitui Teachers Sacco to launch two new products

BySacco Review

Mar 10, 2018 , ,

By Bonface Mulu

Kitui Teachers Sacco plans to diversify its products to meet the demands of its members and expand on its revenue streams.
Sacco Chairman Joseph Kithome said subject to approval by Sacco Societies Regulatory Authority (SASRA), the sacco intends to introduce two new products soon to
With a membership of about 17,000, compared to 15,194 in 2015, the society is set to launch
Prime Loan, which will be a FOSA product with low interest while M-Pata Loan will be a revolutionary mobile product that will allow members access various financial solutions through their mobile phones.
The sacco conducts regular training to the Board of Directors, staff and members so as to enhance relationships.
“The Sacco will continue to invest in educating her members to better manage their personal finances to ensure that they make prudent financial and investment decisions,’’ said Kithome.
It has invested in Corporate Social Responsibility by visiting special schools in its nine electoral zones and in in 2016, it educated three needy children from three electoral zones.

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