Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Thousands of boda boda operators in Embu County will be supported to launch a Sacco to enable them save and access loans and motor cycles, Governor Cecily Mbarire has announced. Governor Mbarire said once founded the Sacco would ensure that the boda boda operators are not subjected to exploitation by shylocks who charge unwarranted interests…
The Italian Agency for Development Cooperative (IADC) has offered to support 15,000 farmers in 30 dairy cooperatives in Meru, Tharaka Nithi and Embu counties to improve livestock and increase milk production by 70 per cent. Set to be under the management of an Italian non-governmental organization AVSI, which has been overseeing agricultural economic recovery projects…
Farmers have welcomed the gradual increase in coffee deliveries to the Nairobi Coffee Exchange (NCE) amid the standoff between the government and coffee cartels. The increased deliveries come at a time when coffee management regulations reforms have caused a near stagnation of the auction and exports. The slow movement is partly blamed on the demand…
Embu Governor Cecily Mbarire has promised to fight cartels in the coffee sub-sector as a move to ensure farmers get the right and good income from their produce. Addressing the press at Runyenjes town in Embu County, the governor pointed out that better prices for coffee produce will lead to improved livelihood for farmers. The…
Embu stakeholders in the khat farming industry now want the government to delist the crop as a drug and classify it as a food crop. They want both miraa and muguka, the two sub-species of the khat family, to be included in the food basket of the country to improve its production and sale. Talking…
Bee farmers in Embu County are championing the creation of a Sacco to streamline the production and marketing of honey and products of beekeeping. Catherine Ruguru Nyagah, the coordinator of the farmers in Embu County, said the formation of a Sacco to deal with bee farming is now in the final stages and will eventually…
Small rural based enterprises, especially women groups in Embu county, have appealed for help from various experts in the cooperative movement to help them create ecofriendly products. One such enterprise is Kiritiri Kwimenya Self Help Group which makes eco-friendly Kiondo bags from sisal fibre. The bags are mainly sold through barter trade with maize growers…
By Robert Nyagah 23 years ago, Stanley Joseph Njue and a few business people from Embu County came together to form a self-help group, whose monthly contributions started at Ksh100 but now stands at Ksh1,000 monthly. The self-help group has now matured into Mediators Savings and Credits Cooperative controlling a circulating capital of more than…
By Robert Nyagah Stakeholders from transport Saccos in Embu County have petitioned financial institutions, especially banks, to review their lending structures to make them friendlier to borrowers and guarantors. Former Manyatta MP Mr. Emillio Kathuri, a founder member of Neno Sacco and the chairman of the Sacco’s Welfare Committee, noted that many loan beneficiaries and…
By Kamundia Muriithi The government plans to modernize coffee factories and implement the use of technology trading. Apart from the use of ICT in all operations, they will also roll out soil testing in coffee growing zones in a bid to revive the sub-sector. Agriculture CS Peter Munya has said they have set aside Sh7…
