Reprieve as more Saccos set up base in Nakuru

By Munene Maina. Business people and residents of Nakuru County towns can now access credit at low interest rates in addition to other co-operative services as more Saccos open branches in the region. Nakuru and Naivasha towns have recently recorded an increase in the number of savings and credit co-operative societies (Saccos) operating in the…

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Rongo Dairy farmers protest late payments

By John Ochieng. Members of Rongo Dairy Farmers Cooperative Society recently staged a violent protest over failure by the Society to pay them for milk deliveries. Hundreds of dairy farmers participated in a demonstration in Rongo town, before threatening to burn down the Co-operative Society’s offices. This prompted police officers from Rongo Sub County to…

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Boda boda operators form sacco

Governor James Ongwae has launched a Kisii County Boda boda Savings Credit and Co-operative Society to assist motor-cycle operators mobilize savings for personal economic empowerment. Speaking in Kisii town during the launch of the sacco, the Governor said the County Government will inject Sh200,000 into the sacco as part of the starting capital and assured…

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Dairy farmers record low milk production

Dairy farmers in the County are recording low milk production as a result of the drought which has stricken the region since mid this year. According to Sam-Malanga Dairy Co-operative Society manager, Japheth Ayoo, their members’ milk supply has tremendously reduced thus affecting profitability. He states that as opposed to the previous period when they…

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Some saccos wary in joining bandwagon

By Jackson Okoth. Not all Saccos with deep pockets are keen to acquire parcels of land for its members or even construct expensive maisonettes and bungalows for sale. “Although we possess the largest total assets size, we have not gone big on property because we do not want to down members’ cash for long periods….

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Gakuyo, Ekeza Sacco partner to help members

Gakuyo Real Estate has partnered with Ekeza Sacco to enable its members own homes at a cheaper price and acquire suitable land for farming in Kaloleni, Mavoloni. The company has started plot allocation. Gakuyo Real founder cum Chairman Dr. Kariuki Ngari said the land is good for agri-business especially horticulture farming. He said members will…

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Mandago urges Co-op officials to be transparent

Governor Jackson Mandago has challenged Co-operatives officials to ensure they effectively and transparently deliver on their mandate as they are entrusted by their members. Speaking to Sacco Review at Chemororot Primary School in Soy Sub-County recently during a meeting with over 20 Cooperatives members and their officials, Mandago said the success of Cooperatives depend on…

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Form Saccos, farmers told

Farmers in the County have been challenged to grow tea since an analysis done by researchers show the area is suitable for growing the cash crop. Speaking at Bugar Primary School during an agricultural exhibition aimed at enhancing use of modern technology in Agriculture to boost food security, Elgeyo Marakwet Governor, Alex Tolgos said his…

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