Poor governance blamed for collapse of co-ops

By Florence Norah

Poor leadership is to blame for the collapse of co-operative societies in Migori County

Sony Sugar Sacco manager George Mboya noted many societies in the area have collapsed due to lack of good leadership skills denying the region development.

Mboya, who was speaking during Ushirika Day celebrations, noted that the cooperatives create jobs for the youths and better socio-economic status to a great extent.

“Many parent are also to pay for their children school fees by getting affordable credit facilities offered by Saccos,” he said.

Samuel Oketch, a director in the department of education, urged co-operatives to work together to boost their financial strength to avoid borrowing from banks.

Oketch noted that co-operatives in the county stand to benefit more if they venture into real estate.

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