Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Munene Maina. Imarisha Sacco Society Limited gave Alfred Chepkwony, Peninnah Chepkemoi and Faith Kandie, three teachers based in Kericho County, a loan of Sh 1.5 million for construction of a school. This project was planned to have a three storeyed modern complex and dormitory block. This cash ran out before the project was complete…
By Jackson Okoth. The Commissioner for Co-operative Development has instituted a statutory inquiry in United Nations Sacco Society (UN Sacco). The areas to be investigated during the inquiry, according to Gazette Notice No. 10042, include the Society’s By-Laws, Working and Financial Conditions and Conduct of the Management Committee, past and present members or officers of…
By Dennis Bett. Emmanuel Changalwa Shikuku, a Primary School Head Teacher at St. Emmanuel School in Trans-Nzoia County, is living in a beautiful house courtesy of loans from Trans National Times Sacco. “When I got employed by the TSC, I never imagined that it was possible to accomplish anything in life with my using my…
By Ken Langat. Bodaboda Sacco Ltd of Belgut constituency has made a major move towards having a solid financial footing after receiving an injection of Sh1.5 million from a successful funds drive by MP Erick Keter. The Sacco has faced financial difficulties in the past, forcing it to rely on the financial and moral support…
By Alfred Kimosop. Boresha Sacco has been lauded for its progressive policies which have made it a top performing deposit taking Sacco in the country. According to the East African Tea Trade Association (EATTA) Managing Director, Edward Mudibo, the Sacco has potential for further growth due to policies and strategies it has followed over several…
By Jackson Okoth. Wanandege Sacco Society Ltd has resolved to cater for secondary school fees and shopping budget for two students whose parents are members of the Savings and Credit Co-Operative Sacco. One student would have joined a Public secondary school while the other a private secondary school. In an Annual Delegates Meeting held last…
By Wasike Elvis. Matatu owners have been urged to ensure they have registered their vehicles with a particular Sacco before engaging in the transport business. According to the National Vice Chairman of the Matatu Owners Association Steve Murunga, by being a member of a Sacco it is easier to control vehicles and in case they…
THE SACCO SOCIETIES REGULATORY AUTHORITY SACCO SOCIETIES ACT (Cap 490B, Laws of Kenya) LIST OF SACCO SOCIETIES LICENSED TO UNDERTAKE DEPOSIT- TAKING SACCO BUSINESS IN KENYA FOR THE FINANCIAL YEAR ENDING DECEMBER 2017 PURSUANT to Section 28 of the Sacco Societies Act (Act) as read with Reg. 8 of the Sacco Societies (Deposit- Taking Sacco…
By Wesley Ken. Magereza Sacco is one of the giant savings and credit societies in Kenya that has taken a leap into the property market. The Sacco has bought land in Isinya to sell to its members and non-members. The land is subdivided into parcels of 1 acre and 1/8 acre plots totaling 1, 003….
