Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Yetu Sacco is gearing up to launch a new branch in Chuka town, in a move meant to bring services closer to members.The new branch, which will be launched on June 19, 2023, will bring the total number of branches to eight.Speaking during the Society’s 31st Annual General Meeting (AGM), Sacco Board Chairman Mark Gitonga…
Tharaka Nithi governor Muthomi Njuki has urged the youth to embrace coffee farming since it is more profitable than white collar jobs. Speaking during the closing ceremony of the three day Coffee Reforms Conference at Three Steers Hotel in Meru town, the governor urged the youth to stop wasting valuable time in search of white collar…
The Coffee Brewers Bar through their CEO John Muli has assured coffee buyers of quality coffee from Machakos county and urged them to sample coffee from the region. Speaking during the Agricultural Society of Kenya South Eastern Kenya National Show exhibition held in Machakos, Muli argued that coffee from Tala and Kangundo areas in Machakos…
Many Saccos countrywide are using publicity campaigns to net in more members which consequently increases their share capital and liquidity. The Saccos adopt big marketing budgets as a move towards making them more popular among their target market. Adopted publicity materials are creative, attractive and direct since they are tailored to reach and entice specific…
Uasin Gishu county department of Trade, Industrialization, Tourism, Cooperatives and Enterprise Development has organized a highly impactful capacity building and training exercise for Saccos and cooperatives to enhance the movement’s productivity in the area. The department’s CECM Martha Cheruto said the training focused on share mobilization, bookkeeping and auditing, management strategies and embracing new technological…
The enthusiasm by small rural based enterprises in Embu County in embracing the group based Hustlers’ Fund loans is bound to give stiff competition to Saccos and banks for customers, former Commissioner of Cooperatives Geoffrey Njang’ombe has warned. The launch of the second phase of the Hustler Fund will see registered groups qualified for loans…
A study by the Financial Access Initiative (FAI) has shed light on the role of entrepreneurs and financial service providers in providing SMEs with customized credit facilities to enable them improve their services. Titled Kenya Small Firms Diaries Study, the study revealed that 51 per cent of the adult population in Kisumu county own small…
ODM nominated MP for Youth Umulkheir Harun has urged boda boda riders to form Saccos to empower them to greater socio-economic heights. Speaking during the end of a three month long drive to register boda boda operators in Garissa Township, Harun called on national leaders and public institutions to empower the riders who are key…
Tea farmers from Embu county have been trained on diversified farming methods which include planting fruit trees and food crops in a single field as well as livestock and aquaculture farming as a means to achieve food security and financial security. The training was courtesy of Daima Sacco. Speaking at Kigari Teachers Training College, Sacco…
As a financial year comes to an end, cooperatives need to review the year’s performance through the annual general meetings. Cooperatives are democratic organizations that are controlled by members, who actively participate in setting policies and making decisions. Members are the source of all authority and the basic unit of democratic control. Members need to…
