Rift Valley KUSCCO Regional Manager Stephen Makori has called upon governors from Rift Valley region to fund small and upcoming Saccos and cooperative societies to ensure their sustainability.
Speaking during the Ushirika Day celebrations, the manager noted that most of such Saccos do not have adequate funds for capacity building and leadership training hence they end up being dormant and collapsing.
“Most of the challenges these Saccos experience can be solved through training and capacity building but due to lack of adequate funds in the Saccos’ budgets, they ended up becoming dormant,” he lamented, adding further that Saccos perform very important roles in the circulation of money and improving livelihoods.
He called on all County Executive Committees Members in charge of cooperatives to work closely with the county government administration to ensure such cooperatives are well funded for survival.
Makori thanked county governments for supporting the cooperative sector since its devolution and urged them to continue doing so.
He pointed out that the mandate of KUSCCO is to advocate for the improvement of Saccos.
By Peter Otuoro
Get more stories from our website: Sacco Review
Kindly follow us via our social media pages on Facebook: Sacco Review Newspaper for timely updates.
