The Leading Newspaper for Co-operative Movement in Kenya
By Kamundia Muriithi. Nawiri Sacco which is based in Embu County has partnered with the Cooperative Bank of Kenya to issue Personalised Cheque Books to some of its clients. The bank expects to roll out the cheque books in March in a move that is expected to revolutionalise banking in Saccos in the country. According…
By Wesley Ken. Magereza Sacco is one of the giant savings and credit societies in Kenya that has taken a leap into the property market. The Sacco has bought land in Isinya to sell to its members and non-members. The land is subdivided into parcels of 1 acre and 1/8 acre plots totaling 1, 003….
By Kiptanui Rutto. New Heri Homes Housing Co-operative Society Limited has kicked off construction of Kikuyu Heights Homes in Dagoretti South. The building site is a few metres from Equity Bank along Kikuyu Road. Speaking during the ground breaking ceremony, Dagoretti South MP, Hon. Dennis Waweru who was the chief guest, lauded Heri Homes…
Some 41,000 coffee farmers from Mt Kenya region are set to benefit from Sh70 million training programme initiatedby Nestle Kenya to help boost production and quality of their produce. The programme which will offer training and technical advice in the next three years also seeks to encourage participation of women and youth in coffee farming,…
Kitui Women Savings and Credit Co-operative Society Limited is facing a number of challenges related to products, services development, governance and human resources, according to the CEO, Elias Waki. Mr Waki said the society lacks adequate staff and largely relies on the management committee volunteer and Women Enterprise Fund (WEF) officers in Kitui West and…
By Dennis Bett Prime Time Sacco (PTS), formerly Keiyo Teachers Sacco (KTS), disbursed loans totaling Sh16 million to college, high school and university students in January this year, Chief Executive Officer, Christopher Cheruiyot (pictured) has said. He said the funds will uplift standards of education of students in the area.Cheruiyot who was speaking to Sacco…
By Dennis Bett Trans National Sacco (TNT), formerly Trans Nzoia Teachers Sacco (TTS) has rolled out an ambitious plan that will see it open up a branch in each town within the North Rift region as well as grow membership to 50,000 by 2020. The society’s management recently met in Eldoret for a oneweek workshop…
By Erick Nyayiera Dairy farmers in Siaya County are currently recording low milk production as a result of the drought which has affected the region from mid last year. Sam-Malanga Dairy Cooperative Society Manager, Japheth Ayoo said milk supply has drastically reduced thus affecting profitability. He states that as opposed to the previous period when…
By Tsozungu Kombe Fifty new Cooperative societies have been registered in Kilifi County in the last two years. Kilifi County Trade, Industrialization and Co-operatives Development Ministry Chief Officer, Ms. Patience Tsimba Umazi, said this was an indication the Cooperative movement was active despite challenges it faced. Seven societies that had collapsed had been revived, she…
Young people in Taita Taveta County have been urged to join Saccos in large numbers to boost their economic status. Taita Taveta County Cooperative Commissioner, Andrew Mbinga said the only secret to fighting poverty is by joining Saccos in large numbers. He urged the youth to join Saccos and get loans to better their livelihoods….
