IG Sacco bets big on youth and women

By Our Reporter Invest & Grow Savings and Credit Co-operative Society Limited (IG) Sacco has embarked on an ambitious plan to recruit more youth, women and disabled persons to become members. In order to achieve this, the Sacco has launched new financial products that will appeal especially to the youthful teachers who have been recently…

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Vision Africa Sacco launches ATM services

By Wesley Ken Vision Africa Sacco Ltd has launched ATM services to ensure efficient and effective delivery of quality products and services to members. It unveiled the services in a colourful ceremony that was graced by Co-operative Bank’s Head of Sacco banking Peter Kirugu among other top officials of the bank in Nakuru County. The…

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Artists form Sacco to boost business

Hundreds of artists drawn from various areas within the County have come together to form a Sacco to assist them expand their businesses. Laikipia Artists Savings and Credit Cooperative Society LTD (LCA Sacco) also seeks to promote youth talents to eradicate poverty by mobilizing locally available resources for investment. Speaking at the inaugural meeting at…

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Top Sacco officials to receive State awards

By Stephen Makabila For the first time under the Jubilee administration, selected top performers from the Co-operatives sector may receive State awards alongside other Kenyans during this year’s Jamhuri Day celebrations. In an exclusive interview at his office, Commissioner of Co-operatives, Philip Gichuki told Sacco Review, “Yes, State House communicated to us and we hope…

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Coop Commissioner: Target youth market or perish

Gichuki also asked Saccos to incorporate youth and women in their leadership structures as a way of boosting membership from these two groups. Speaking during an Exclusive interview with the Sacco Review, Gichuki further called on County governments to maximize their support to cooperatives in their respective counties. “We know most Saccos have rebranded but…

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Inside the mind of top Sacco boss

By Wesley Ken C.S Peter Nyamai, the Mombasa Port Sacco Chairman, is a seasoned Cooperative management guru. Prior to joining Mombasa Port Sacco (MPS) in 2013, Nyamai had held, among others; the position of Vice–Chair at Bandari Sacco. Bandari has been for the Kenya Ports Authority (KPA) employees whereas MPS was for Kenya Cargo Handling…

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Boresha Sacco trains members on products, entrepreneurship

By Enock Kipturgut Boresha Sacco members have a reason to smile following the management’s educational cum interactive meetings aimed at keeping them a breast with the Sacco’s new products and services and the emerging trends in the Cooperative movement. The members lauded the Sacco for organizing the meetings saying they served as an eye opener….

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Tap youth market or be doomed, Co-op boss warns saccos

By Stephen Makabila The Government has made a clarion call to Saccos in the country to introduce youth friendly products to win over young people, who form majority of the Kenyan population, into joining saving cooperatives. Commissioner of Co-operative, Philip Gichuki said some of the current products and services offered by Saccos were not attractive…

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Embu farmers to mill own coffee

By Kamundia Muriithi Coffee farmers in the County have inched closer to milling and marketing their produce together following the arrival of Sh72million machinery at a new mill’s premises in Kavutiri area. The milling machinery with a capacity of 2.8 tonnes per hour was procured from Brazil and was financed through a loan from Commodities…

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