The Leading Newspaper for Co-operative Movement in Kenya
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 launched recently at the DEB Nyeri Primary School in Nyeri town. The Sacco has already spent some Sh200,000 in this initiative where over 500…
By Munene Maina. Imarisha Sacco Society Limited gave Alfred Chepkwony, Peninnah Chepkemoi and Faith Kandie, three teachers based in Kericho County, a loan of Sh 1.5 million for construction of a school. This project was planned to have a three storeyed modern complex and dormitory block. This cash ran out before the project was complete…
By Kiptanui Rutto. Saccos and small business entrepreneurs in Laikipia County will receive financial boost after the County Government set aside Sh35 million this financial year as part of a revolving fund to revive Co-operatives and improve small businesses. According to the County Trade and Co-operatives Executive, Ann Cheptoo, the move will see members of…
By Jackson Okoth. The Commissioner for Co-operative Development has instituted a statutory inquiry in United Nations Sacco Society (UN Sacco). The areas to be investigated during the inquiry, according to Gazette Notice No. 10042, include the Society’s By-Laws, Working and Financial Conditions and Conduct of the Management Committee, past and present members or officers of…
By Jackson Okoth. A number of deep pocketed Savings and Credit Co-operatives (Saccos) are setting up ultra-modern complexes with a view to leasing or renting out office space to interested parties. This segment of the property market is becoming an attractive option for the Saccos eager to pump more cash in the form of rental…
By Dennis Bett. Emmanuel Changalwa Shikuku, a Primary School Head Teacher at St. Emmanuel School in Trans-Nzoia County, is living in a beautiful house courtesy of loans from Trans National Times Sacco. “When I got employed by the TSC, I never imagined that it was possible to accomplish anything in life with my using my…
By Wasike Elvis. Hawkers in the county have been urged to join Saccos for them to benefit from the funds being given by the Government. Deputy Governor Daniel Chemno also said only registered hawkers will be given space to do business, adding: “We wish all the registered members could be given identification tags which will…
By Ken Langat. Bodaboda Sacco Ltd of Belgut constituency has made a major move towards having a solid financial footing after receiving an injection of Sh1.5 million from a successful funds drive by MP Erick Keter. The Sacco has faced financial difficulties in the past, forcing it to rely on the financial and moral support…
By Alfred Kimosop. Boresha Sacco has been lauded for its progressive policies which have made it a top performing deposit taking Sacco in the country. According to the East African Tea Trade Association (EATTA) Managing Director, Edward Mudibo, the Sacco has potential for further growth due to policies and strategies it has followed over several…
By Jackson Okoth. Wanandege Sacco Society Ltd has resolved to cater for secondary school fees and shopping budget for two students whose parents are members of the Savings and Credit Co-Operative Sacco. One student would have joined a Public secondary school while the other a private secondary school. In an Annual Delegates Meeting held last…
