Kitui County invests big in Sacco sector

By Boniface Mulu Kitui County Gov­ernment has con­structed 16 honey processing factories for local beekeeping co­operators, a juice pro­cessing factory for the Mwingi Horticulture Farmers Cooperative So­ciety Limited in Mwingi sub county, among other projects. County Trade, Indus­try, ICT and Coopera­tives Development CEC, Jonah Mwinzi, said the county government has also purchased a milk cooler…

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Sonyaco Sacco declares 2 per cent dividend to members

  By Dolrose Awuor South Nyanza Teachers (Sonyaco) Sacco Society Limited has been hailed for the gallant performance it has recorded so far. This was attested to by the two per cent divi­dend declared to members by the Society Chair­man, Roscheus Otete during the Sacco’s AGM held recently at Sonyaco Hall in Homabay. Speaking during…

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Woman Rep pushes youth to form Saccos

  By Amoto Dennis A Woman Representative, Shukran Gure (pictured), has urged youths in Garissa County to join Saccos in order to get loans and be involved in meaningful economic activity. Alternatively, she advised the youth to approach the Af­firmative Action Fund for financial assistance instead of sitting idle. “I urge the youth not to…

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Dairy Cooperatives get milk can boost

  By Amos Kerich Kericho County Gover­nor Prof. Paul Kiprono Chepkwony recently donated milk cans to dairy farmers of Cheborgei Dairy Sacco. The initiative is one of the county’s efforts to improve the sector, including provision of subsidized AI services and other extension services. Chepkwony, while pre­senting the milk cans, said the largest percentage of…

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41,000 people join Saccos in Kajiado County

By Isaac Lenkou The Kajiado County Govern­ment has disclosed that over 41,000 people have joined Co-operatives in the last three years. The Societies transaction to­tal business worth Sh 470 million. “I commend efforts under­taken by Co-operatives to improve the livelihood of people in Kajiado County,” said Paul Ntiati, Deputy Governor, Kajiado County during the 94th…

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Women Sacco unveils growth strategy, elects new officials

By Boniface Mulu 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 volunteers and Women Enterprise Fund(WEF) officers   in   Kitui…

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Ollin to launch more innovative products

By Our Reporter Ollin Sacco plans to launch more innovative and attractive products and services to meet the dynamic needs of its members and customers. Sacco CEO, Richard Ndaka (pictured) said Ollin is set to attract more members through competitive products and services that are tailor made to customer needs.“ As a society, we engage…

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Sacco leaders urged to recruit more members

By Collins Akong’o Savings and Credit Co-operative Societies(Sacco)leaders have been urged to recruit more member into the movement. According to Qwetu Sacco Chairman Alfred Mlolwa this will help increase the national savings ratio, which currently stands at 9 percent as opposed to 30per cent outlined in Vision2030. He said findings of  the Fin Access Report2014…

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