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Goodway Sacco has started a bodaboda loan scheme for the youths aimed at enabling them acquire bodabodas to start income generating activities. Targeted are those who are been employees of other bodaboda owners. The repayment for the loan is Sh200 per day. The beneficiaries must be in a group of at least three operators or…
By Joyce Mong’are. Nyandarua’s Industrialization and Co-operatives Executive Judy Nyambura recently announced plans to revive collapsed cooperative societies in the County. Speaking in OlKalou recently Nyambura noted that 15 societies had already been revived in the last one year and 30 more were lined up for the same. Nyandarua has a turnover of more than…
By Esther Chesoro. KiambuGovernor William Kabogo recently commissioned a 5000 litrecoolant and milk pasteurizer at Muguga Dairy FarmersCooperative Society in KabeteConstituency. Christened ‘Kiambu County Milk Value Addition Project’, the move is intended to improve the quality of dairy farming from simple milk production to manufacturing of a variety of cheese, yogurt and other dairy products….
By Esther Chesoro. Migori dairy farmers are benefitting from 150 dairy cows donated by the County Government in a bid to increase milk production in the County and improve food security. In February last year the County Government, through the Department of Livestock Development, purchased 150 cows for farmers in seven sub counties. According to…
By Jackson Okoth. Kenya’s Sacco sector earned Sh40.4 billion as income from loans, Sh 2.3 billion from investments and Sh 4.7 billion as other incomes, raking in a total income of Sh47.4 billion. This is according to The Kenya Financial Sector Stability Report, 2015 prepared jointly by Central Bank of Kenya, Capital Markets Authority, Insurance…
By Amos Kerich. A year after Bomet Governor Isaac Ruto took office, he started Multi-purpose Cooperative Societies in every ward in the County. This initiative has greatly boosted the living standards of the Sacco members. When coming up with the initiative, Governor Ruto had observed that he knew very well that the largest percentage of…
By Tsozungu Kombe. Saccos have been urged to embrace Information Communication Technology ( ICT ) in a bid to enhance efficiency and deliver services to members. Alfred Mlolwa, Quetu Sacco chairman and KUSCCO Director for Coast and North Eastern said many Saccos had failed to deliver quality services to members due to lack of ICT…
By Joseph Mukubwa. Biashara Sacco is set to open its branch in Thika town. Sacco chairman, Joseph Njamuku said Sacco that has nine branches in Mt Kenya region is set also to expand to other regions in future. Other branches are in Nyeri, Embu and Laikipia counties. “Membership has increased from 48,000 last year to…
By Kiptanui Rutto. Angaza Africa Sacco, based in Thika town, has set its eyes on attracting the youth by having products and services that appeal to this segment. The Society is focused on assisting the youth own property and run business while also paying school fees for pupils in secondary school. “We have products tailor-made…
Gakuyo Real Estate has partnered with Ekeza Sacco to enable its members own homes at a cheaper price and acquire suitable land for farming in Kaloleni, Mavoloni. The company has started plot allocation. Gakuyo Real founder cum Chairman Dr. Kariuki Ngari said the land is good for agri-business especially horticulture farming. He said members will…
