Sacco registration stalled by pandemic

By Tsozungu Kombe

The Covid-19 pandemic has derailed efforts of registering new Saccos in Kwale County.

Speaking to Sacco Review in Kwale town recently, the acting Kwale County Cooperatives Commissioner Mohammed Mkanga said not many Saccos were registered during the pandemic.

Mkanga also lamented that many Saccos in the region performed poorly in 2020 following the outbreak of coronavirus in March last year.

He further noted that the business down-turn resulted in loss of employment and business in the Saccos in the county.

He said hotel industry based Saccos were the most affected and many employees were laid off because not many tourists visited beach hotels in the county.

Mkanga said hotel employees could not save in their respective Saccos because they no longer have monthly salaries.

He also urged Saccos in the area to comply with Health Ministry rules and regulations in a bid to contain the spread of Covid-19.

He also called on youth to form Saccos, which will empower them to carry out income generating activities more efficiently and effectively.

Mkanga said the county government is fully committed in ensuring that dormant Saccos in the county are revived to enable residents join them in large numbers.

 “Come forward and join the revived dormant Saccos in large numbers to uplift your living standards”, he told Sacco stakeholders in the region.

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