Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Johnston Kieti Farmers in need of loans in Samburu County have found relief after Agricultural Finance Corporation (AFC) reopened its branch in Maralal town. The branch collapsed in 1992 after farmers failed to repay loans within the required time. Speaking during a re-opening ceremony, AFC’s Head of Operations Millicent Omukaga said the new branch…
By Erick Nyayiera Co-operative movement in Nyanza needs to up its game and local farmers have been asked to join saccos so as to have a quicker access to loans for agribusiness. Agricultural Finance Corporation’s Regional Manager for the Western and Nyanza Martha Ayodo says that most farmers in Nyanza still practise subsistence farming a…
By Azael Masese The Government will put brakes on expansion of Savings and Credit Co-operatives (Saccos) to ensure there is regulated growth and financial stability in the sub-sector. Senior Deputy Commissioner in the State Department of Co-operatives Geoffrey Njang’ombe said loan repayment is posing a serious challenge hence the need to take the necessary steps….
