Cooperatives CS Wycliffe Oparanya (centre) alongside PSs Mang'eni
Cooperatives CS Wycliffe Oparanya (centre) alongside PSs Susan Mang'eni and Patrick Kilemi in Parliament. Photo Courtesy

MPs push for financial literacy before disbursement of MSME funds

Members of Parliament (MPs) have urged the State Department for Micro, Small and Medium Enterprises (MSME) Development to strengthen financial literacy programmes before releasing additional funds under government empowerment initiatives. The legislators said equipping beneficiaries with financial management skills would help improve the sustainability of the programmes by enabling recipients to manage loans and grants…

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Daima Sacco annual members’ education forum
Daima Sacco annual members during the education forum. Photo Courtesy

Daima Sacco trains members on financial literacy

Daima Sacco Society Limited has intensified efforts to promote financial literacy among its members, with a strong focus on empowering young people to build secure financial futures. The recent annual members’ education session attracted significant engagement, with over 70 percent of participants drawn from the youth demographic. The session centered on practical approaches to saving…

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Munyiri Africa Foundation founder Bishop David Thagana addressing the press. Photo by John Majau

Boost for SMEs as Foundation advances entrepreneurship, financial literacy training

The Small and Medium Enterprises (SMEs) in the country have received a major boost after  Munyiri Africa Foundation scaled up entrepreneurship and Financial Literacy training, and also  providing seed capital to help them grow. According to the organisers, the programme is aimed at mentoring and imparting relevant knowledge and skills to the youth which will help…

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Small-scale women traders during the Dada Mashinani Programme in Busia County

Busia onboards over 10,000 women traders into Dada Mashinani programme

Busia County has successfully onboarded more than 10,000 small-scale women traders into the Dada Mashinani program, a transformative initiative designed to enhance entrepreneurship and financial literacy at the grassroots level. The program is implemented through a partnership between the County Government, the Stanbic Bank Foundation, and Kenya Industrial Estates. The initiative targets women at various…

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Boresha Sacco Kitale Branch Manager and the County officials
Boresha Sacco Kitale Branch Manager Daniel Toroitich and the County officials during the financial empowerment workshop/Photo Courtesy

Boresha Sacco urges Trans Nzoia County officers to strengthen financial literacy, discipline

The Boresha Savings and Credit Cooperative Organization (SACCO) has called upon the Trans Nzoia County government officers to enhance their financial literacy and adopt prudent money management practices to secure their financial future. Speaking during a one-day financial empowerment workshop for Public Service Management staff in Kitale, the Sacco’s Kitale Branch Manager, Daniel Toroitich, underscored…

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A team undergoing a training session./Photo file

Trans Nzoia youth set for major financial literacy training programme

More than 150 young entrepreneurs from across Trans Nzoia County’s 25 wards are poised to benefit from a comprehensive financial literacy training programme aimed at strengthening youth-led enterprises. The capacity-building session, slated for tomorrow at the Kitale Museums, is a collaborative effort between the Nawiri Fund and Britam Insurance. It seeks to equip budding entrepreneurs…

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Ben Oroko/PHOTO FILE

Financial planning is key to Co-op members’ wealth creation

The importance of financial planning education to co-operative society members, especially those in Savings and Credit Co-operative (Sacco) Societies cannot be wished away. Financial planning, which involves the process of creating a comprehensive strategy to manage one’s finances and achieve their financial goals, remains one of the most critical economic wheels driving co-operative members’ wealth…

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Kajiado County women during the training. Photo: Obegi Malack

Kajiado women, boda boda riders trained on financial literacy, entrepreneurial skills

Kajiado County women and boda boda operators have been empowered with financial literacy and entrepreneurial skills that will help them gain wealth, survive economic shocks, and manage their finances better. The Financial Inclusion in Kenya and Tanzania (FIKT) Project by the African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) and Visa is aimed at…

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