
PS Patrick Kilemi (secoond left), Dr Scott Bellows the Lead Researcher from USIU (right), Moses Sitati from USAID and Daniel Marube( left) Council Director CAK during the release of the research. Photo by Obegi Malack
Survey reveals more trust for cooperatives than for investor-owned corporations
A recent research study on cooperatives in Kenya now shows that cooperatives are a preferred store of wealth for members and that many people are leaning on Saccos and cooperatives for small loans. Fifty four percent of cooperative members relied heavily on their cooperative ownership as a store of wealth. The cooperative as a store…