Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Saccos are increasingly turning their focus on motorcycle riders and women groups for new membership and uptake of products. Motorcycle riders, popularly known as boda bodas, are in particular seen as the fastest growing income group and many Saccos are coming up with targeted products for them. The focus on boda bodas and women groups…
From struggling to join a Sacco to leading one of the biggest in the country, it has been long journey for Robert Kithanju. When he applied to join the Embu Teachers Sacco in 1990, he had to wait for long before his application was accepted. Three decades later, he is the leader of the very…
As cooperators troop to various venues across the country to celebrate the International Day for Cooperatives, commonly known as Ushirika Day locally, it’s important to look at what the day means for players in this industry. Ushirika day 2023 has a unique theme of Cooperatives: Partners For Accelerated Sustainable Development. The theme attempts to reflect…
More than 1,800 youth in Meru and Tharaka Nithi counties have received startup capital and kits worth Ksh60 million in a business incubation programme by Zoe Empowers that targets orphaned and vulnerable youths. Zoe Empowers is a non-governmental organisation that supports child headed families and orphans through business and vocational skills training. Speaking while issuing…
Potato farmers, who are the key players in the potato value chain “The Potato Consortium”, will today witness the harvesting of potatoes in the first demonstration farm in Kieni sub county, Nyeri county. The consortium, led by Co-operative Bank and the County Government of Nyeri alongside other consortium partners Yara E.A, Bayer E.A and Agrico PSA, will see the buyer of…
Young traders in Embu County have been challenged to form or join Saccos to qualify and access loans to enable them upgrade to become entrepreneurs. Embu County Director of Cooperatives David Muriuki cautioned the traders against underestimating the financial resources they mobilized daily, further urging them to save at least Ksh20 daily. “Saving in Saccos…
The Commissioner of Cooperatives David Obonyo has warned management of Saccos against diverting members’ deposits to non-core businesses. He expressed concern over the rate at which some Saccos were investing members’ funds in projects such as land buying. “Do not engage in non-core businesses at expense of members’ funds,” he cautioned. The commissioner said stern…
Teaching is no doubt Martha Cheboi’s first love. You can easily tell that from her dedication to her pupils. But Cheboi discovered early in her teaching career that her big heart can accommodate more than one passion. When she was posted to Kotilion Primary School immediately after college, the idea of keeping poultry to make…
Jane Maina, a mother of two, joined Mentor Sacco two decades ago. She shares her story on how the Sacco came to her rescue when she was first employed and transformed her life with our writer. Jane Maina was excited when she was hired by the Teachers Service Commission two decades ago. Her happiness was, however,…
Kilifi County boasts of having many cooperative societies thanks to Morris Mangi, who is credited to the proliferation of cooperatives in the region having planted the seed over three decades ago. Mangi initiated the formation of Kilifi Multipurpose Cooperative Society, now called Magarini Sand and Harvesting Cooperative Society, in 1990. He also formed Malindi Biashara…
