Dimkes - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

PS Kilemi urges Saccos to frequently upgrade ICT systems

Sacco ReviewJuly 24, 2024July 26, 202405 mins

Principal Secretary State Department for Cooperatives Development Patrick Kilemi has urged cooperatives societies to adopt and frequently upgrade their ICT systems to aid in prompt decision-making and efficient delivery of service. The PS who was speaking during the 25th Anniversary Celebrations of DIMKES DT Sacco Society Ltd On 19th July 2024 at ACK St. Paul’s…

Dimkes Sacco maintains robust growth as assets rise to Sh1.59 bn

Sacco ReviewApril 25, 201906 mins

By Munene Maina Dimkes Sacco posted a strong financial performance for the fiscal year ending 31st December 2018 registering an asset base growth rate of 5.4 per cent to reach Sh1.59 billion. The Sacco, which had positive outcomes in all growth parameters, also recorded increase in members’ deposit to reach Sh1.35 billion in 2018 from…

Dimkes Sacco tightens noose on loan cheats

Sacco ReviewJune 7, 201802 mins

By Munene Maina Dimkes Sacco has tightened the noose on defaulters in a bid to enhance debt collection and loan book management. In an aggressive loan recovery strategy, the Sacco collected in excess of Sh100 million in the financial ended 31st December 2017. “Loan default has been a challenge but our resolve is to keep…