Women form Sacco

KITUI Kitui Women Savings and Credit Cooperative Society Limited has embarked on a process to mobilise cheap capital for members to enable them start development projects through appropriate researched products supported by skilled human resource. Chief Executive Officer, Elias Waki said the core values of the society remains integrity, accountability, transparency, democracy, equity, equality and…

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Elgeyo Youth Bunge Sacco to increase investments

By Dennis Bett. Elgeyo Marakwet Youth Bunge Sacco has embarked on a mission to invest in assets and business generating activities as a way of empowering the members. Speaking recently in Iten Town during its Annual Delegates Meeting, the Society’s Chairman Nathan Tanui said that the society is heading in the right way and had…

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Coffee farmers in Mt Kenya to be trained

Some 41,000 coffee farmers from Mt Kenya region are set to benefit from Sh70 million training programme initiated by 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…

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Imarika Sacco assets grew by 31 per cent

By Tsozungu Kombe. Imarika Sacco’s total assets grew by 31 per cent last year compared to 19 per cent in 2015. Imarika Sacco Board Chairman, Renson Ndoro speaking during the Sacco’s Annual Delegates Meeting (ADM) at Travellers Beach Hotel, Mombasa County urged members to increase monthly deposits to enable the society provide more loansat affordable…

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Kemfri recruits more members after opening common bond

By Kiptanui Rutto. Kemfri Sacco recruited more members after opening its common bond to attract more customers. Sacco Chairman, Rashid Anam said the Sacco’s membership rose to more than 3,800 at the close of 2016 Financial Year. “The Sacco plans to ensure there are affordable financial products and services that are ultimately within reach of…

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Kenya to assist Namibia develop its Co-op sector

By Stephen Makabila. Kenya is to help the Namibian Government strengthen its Co-operative Movement through offering of special expertise. Kenya’s Principal Secretary for the State Department of Cooperatives, Ali Noor Ismail said Kenyan consultants would help develop Namibia’s Co-operative sector. A team of Co-operative officials from Namibia was in the country in February on a…

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Ekeza Sacco owner denies fraud allegations

By James Wakahiu. The owner of a real estate company and Sacco has denied swindling investors, and instead blamed reports carried by a section of the local media on his political detractors. Rev. David Kariuki Ngari (pictured), popularly known as Gakuyo who runs Gakuyo Real Estate and Ekeza Sacco said he runs legitimate businesses and…

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Biashara Sacco targets students with its CSR

By Joseph Mukubwa. Biashara Sacco Society, located in Nyeri County is targeting students through its Corporate Social Responsibility (CSR) programmes this year. This is through its school feeding programme, which was recently launched at the DEB Nyeri Primary School in Nyeri town. The Sacco has already spent some Sh200,000 on the initiative where over 500…

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Kenya registers 10 Saccos in Diaspora

By Stephen Makabila. The Government has registered 10 Saccos in several American and European cities in a bid to establish a footprint of the Kenyan Co-operative Movement in the global business arena. Cabinet Secretary (CS) for Industry, Trade and Co-operatives, Adan Mohamed, talking to Sacco Review said so far, those registered include two Saccos in…

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