Nakuru - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

President Ruto champions cooperatives as key to economic growth in Africa

Sacco ReviewOctober 10, 202409 mins

President William Ruto has said Cooperative movement is a powerful engine for economic development of African Nations. Speaking during official opening of 24TH SACCA Congress held in Naivasha the President said the Cooperative movement empowers vulnerable citizens making them earn a livelihood and enables them to be economically stable. The president said 30 per cent…

Adhere to bylaws to boost service delivery, Saccos told

Sacco ReviewAugust 27, 2024August 27, 202403 mins

Nakuru County Deputy Director of Cooperatives George Ogallo has urged Saccos and cooperative societies to strictly adhere to rules and bylaws to ensure efficient service delivery to members. He made the remarks while addressing delegates during ACK Imani Talent Sacco Annual General Meeting (AGM) recently. The Director observed that Annual General Meetings are essential to…

Nakuru farmers hold protests over proposed sale of New KCC

Sacco ReviewDecember 7, 2023December 7, 202302 mins

Nakuru dairy farmers have vowed that they will not allow the privatization of the New Kenya Cooperative Creameries (KCC). Led by Muchemi Nderitu, the farmers held protests in Nakuru City to express their opposition to the proposition which they termed as ill-advised. He said that the sale of the milk processor will lead to the…

Nakuru pastors form Sacco to improve livelihoods

Sacco ReviewDecember 5, 2023December 5, 202303 mins

Pastors in Nakuru have come together to establish Mitume Sacco to help them save money and access affordable credit facilities, ultimately improving their livelihoods. Pastor Alex Maina, the Sacco chairman and the chair of Nakuru Pastors Fellowship, encouraged pastors and clergy members to join the Sacco to enhance their economic status. “We understand the difficulties…

Directors urged to adhere to laws to ensure smooth running of Saccos

Sacco ReviewNovember 27, 2023November 27, 202302 mins

Saccos’ Boards of Directors across the country have been urged to adhere to their by-laws and the country’s laws to ensure the provision of quality services to members. Nakuru East Sub-County Director of Cooperatives Alex Muchemi regretted that majority of Sacco boards are flouting laws and regulations that are meant to protect members’ savings and…

Nakuru County to provide low interest loans to Saccos through Revolving Fund

Sacco ReviewNovember 20, 2023November 20, 202302 mins

Nakuru County Chief Officer of Cooperatives Kibet Kurgat has revealed that the county government has plans to provide low interest loans to registered cooperatives and Saccos through a revolving fund. Speaking during a meeting with stakeholders in the dairy sector, Kurgat revealed that all the necessary plans to launch the loan product at the beginning…

Increase awareness campaigns to net more members, Saccos told

Sacco ReviewNovember 13, 2023November 13, 202303 mins

Nakuru County Chief Cooperative Officer Kibet Kurgat has urged Sacco officials to market their products and services more aggressively and initiate campaigns to create awareness in order to increase membership. The Officer said that new members will join the Saccos only if they understand the benefits in store for them. Kurgat, who was speaking at…

Nayopo Sacco begins mass member recruitment in Naivasha

Sacco ReviewNovember 11, 2023November 11, 202303 mins

Nayopo Sacco has initiated a mass recruitment of members in Naivasha sub-county and its environs. Speaking during the Sacco’s Education Day held at AIC Technical Institute in Naivasha town, Chairman Simon Njuguna said that the Sacco provides affordable services and loan products which can assist members to fulfill their financial obligations. “The mass recruitment of…

ACK Imani Talent Sacco expands into new Nakuru CBD office

Sacco ReviewAugust 17, 2023August 17, 202302 mins

ACK Imani Talent Sacco has opened a new office in Nakuru City to serve members around the Central Business District (CBD) and attract new ones. The new office is located beside St. Paul’s University’s Nakuru campus. In a ceremony attended by a number of dignitaries, including CIC Board of Directors chairperson Dr. Nelson Kuria, ACK…

Caritas Microfinance Bank opens branch in Nakuru City

Sacco ReviewMay 10, 2023May 10, 202303 mins

Caritas Microfinance Bank has opened a new branch in Nakuru City in a colorful ceremony attended by Nakuru Deputy Governor David Kones and Nakuru Catholic Diocese Bishop Cleophas Oseso of Nakuru Catholic Diocese. The deputy governor said the County government of Nakuru will continue to create a conducive environment to attract more investors especially financial…