The Leading Newspaper for Co-operative Movement in Kenya
By Wasike Elvis. Uasin Gishu County Deputy Governor, Daniel Chemno has reaffirmed the County Government’s commitment to support Cooperatives. “We have issued loans to the tune of Sh127 million to over 57 Co-operatives in the past three years. We are committed to availing more funds to the Cooperatives so that they can be able to…
By Our Reporter. Kilifi County has registered over 200 Savings and Credit Co-operatives (Saccos) in the last four years. Speaking during the 2017 Ushiriaka Day celebrations held at Kizurini Secondary School in Kaloleni Sub-county recently, Acting Kilifi County Government Executive Committee Member in-charge of Co-operative Development, Christine Pekeshe said 243 have been registered to date….
By John Ochieng. Women who took loans from the Women Enterprise Fund (WEF) have been told to promptly repay so as to enable others benefit. This was said recently by Higher Education Principal Secretary (PS), Prof. Colleta Suda while issuing cheques for Sh2.2 million to 12 women groups from Rongo and Awendo Sub-counties. She said…
By Erick Nyayiera. The Co-operative movement potential in Kisumu County has not been fully exploited, the Chairman of Ushirika Council Kisumu County, Edward Matoke (pictured) has revealed. Matoke said that the parameters that indicate performance of the Co-operative movement in the County had shown that there were a lot of opportunities and advantages that were…
By Our Reporter. Kilifi County has registered over 200 Savings and Credit Co-operatives (Saccos) in the last four years. Speaking during the 2017 Ushiriaka Day celebrations held at Kizurini Secondary School in Kaloleni Sub-county recently, Acting Kilifi County Government Executive Committee Member in-charge of Co-operative Development, Christine Pekeshe said 243 have been registered to date….
By Tsozungu Kombe. Lack of adequate funding is a leading cause of inefficiency and poor performance at Tourist hotels-based Savings and Credit Co-operative Societies (Saccos). Speaking during the 2017 Ushirika Day celebrations held at Kizurini Secondary School in Kaloleni Sub-county recently, Kilifi County Ushirika Day Steering Committee Chairman, Renson Ndoro said that many tourists hotels-based…
By Jackson Okoth. The Sacco Societies Regulatory Authority (SASRA) has extended the license of 11 Deposit-Taking Saccos that have failed to meet set prudential guidelines. The affected Saccos will now be allowed to operate on a temporary license until December this year when the regulator will again review their liquidity, governance and capital adequacy status….
By Munene Maina. Nyandarua Governor, Francis Kimemia has said his administration will support the Cooperatives Bill to ensure Saccos benefit from the same. The governor said this during the official opening of Nyandarua County Assembly. He stated that one of the initiatives that can enable members of cooperatives to benefit from formal financial services is…
By James Wakahiu. Youths in Kenya have been advised to join Sacco movements and invest wisely, a phenomenon which is transforming the lives of many across the globe. Urithi Premier Sacco Chairman, Pius Thuku said many people have bridged the challenge of accessing capital by putting the little they have in a Sacco and then…
By Our Reporter. Warsan Dairy Cooperative Society in Wajir County loses at least 10,000 litres of milk every month due to poor roads. The society regretted that due to the deplorable state of roads in the rural areas, they incurred heavy loses while delivering milk for processing. Speaking to Sacco Review, the Society‘s Manager, Abdisalam…
