Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
As the country’s hard economic times bite, boda boda riders, farmers and traders from the Western region have been asked to join Saccos and invest in the future to cushion themselves against the current cash crunch. Speaking to journalists in Busia town, Faridi Sacco chairman Godfrey Saidi said many boda boda riders are facing a…
By Cally Imbayi Fish farmers in the Lake Region Economic Bloc(LREB) which include Kakamega, Kisumu, Siaya, Kisii, Bungoma, Busia, Bomet, Vihiga, Migori, Homabay, Trans-Nzoia, Nyamira,Kericho and Nandi will have ease in storing, processing and selling their fish as a fish processing plant is opened in Kakamega. The Kakamega County Fish Processing Factory that was commissioned…
By Cally Imbayi Governor Wycliffe Oparanya says Kakamega County will spent Sh25 million to strengthen cooperative societies that have been performing poorly. He revealed that they have prioritized streamlining of the cooperatives movement in the county to improve living standards. “We have allocated Sh25million for development of the cooperatives sector out of which Sh18million will…
By Cally Imbayi Governor Wycliffe Oparanya says Kakamega County will spent Sh25 million to strengthen cooperative societies that have been performing poorly. He revealed that they have prioritized streamlining of the cooperatives movement in the county to improve living standards. “We have allocated Sh25million for development of the cooperatives sector out of which Sh18million will…
By Malachi Motano Kakamega based Invest and Grow (IG) Sacco disbursed Kshs. 1.1 billion last year in the 2020 financial year to raise the loan portfolio to Kshs. 5.8 billion “We managed this after a review of our products where we extended repayment schedules, introduced mobile loan products and multiplier ratios,” said Sacco chairman Kennedy…
By Andanje Wakhungu Residents of Kakamega County have been urged to form more cooperative societies to their livelihood activities. Speaking during the launch of Machesi Cooperative Society in Mugai /Shirugu ward, cooperative officer, William Muchiti, said cooperative societies was the only way forward for the residents to be able to sustain development in the area….
By Andanje Wakhungu The County Government of Kakamega will spend over Sh 380 million in the purchase and distribution of subsidized maize and fertilizer to farmers. Deputy Governor Professor Philip Kutima stated that it was time the county started looking for alternative sources of income apart from the maize and cane farming. “We have already…
By Tindi Kuchio IG (Invest and Grow) Savings and Credit Co-operative Society Limited members have been urged to buy more shares in the Sacco when their salaries are increased. Speaking during the Sacco’s Special Delegates Meeting at Golf Hotel in Kakamega recently, Kakamega County Co-operative Commissioner, Nathan Mukhweso said this will increase the Sacco’s share…
