Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Titus Murithi Nyambene Arimi Sacco members can now access their funds any time courtesy of Automated Teller Machines (ATM) which have been installed at all the Sacco branches. This financial service was a fulfilled pledge which had been promised to members during last year’s (2017) AGM. Also members will be alerted by their mobile…
By Benedict Ng’etich Sacco managers have been urged to undertake proper mapping and feasibility studies before opening more offices or branches. Bomet County Director of Co -operatives David Kerich regretted that some Saccos ended up incurring losses by paying rent on offices which were underutilised or were lying completely idle. “It is disheartening when a…
By Jane Wangeci Lamu Teachers Sacco is in the process of selling two of its branches so as to raise money to pay a Sh30 million loan the sacco has been servicing since 2013. According to the Sacco’s Chief Executive Officer Michael Kirui, the Sacco will dispose Witu and Faza branches. The proceeds will be…
By Stephen Makabila Chai Sacco will officially launch its three branches by June this year, the Chief Executive Officer (CEO) Festus Mwatee has indicated. Mwatee noted that though the Sacco’s Kisii, Nkubu and Mombasa branches have been in operation, they were yet to be launched officially. “We have plans to officially launch the branches around…
