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

Why SACCOs should embrace digitization of products, services

Sacco ReviewAugust 15, 2024010 mins

Savings and Credit Co-operative Societies (SACCOs) across the continent of Africa are embracing digitization rapidly to catch up with the fast changing business and financial services landscape globally. Ranging from the use of digital core banking systems to customer support to tech-enabled information management systems, SACCOs are transforming age-old business models, facilitating greater efficiencies and…

County to establish revolving fund for Saccos

Sacco ReviewJune 9, 201803 mins

By Dennis Bett The County Government of Elgeyo Marakwet has created a revolving fund worth Sh10 million for Sacco’s across the county to empower them as well as reviving the dormant co-operatives. As part of the programme, the government will also pursue a welfare scheme programme for the co-operatives which will see members benefit at…

Artisans’ Sacco to offer FOSA services

Sacco ReviewJune 8, 201802 mins

By Kamundia Muriithi A co-operative that was started by Jua Kali artisans and small scale traders in Runyenjes town of Embu County now plans to start offering Front Office Sacco Activities (FOSA) to meet increasing needs of its members. Started 10 years ago with an initial share capital of Sh237,000, the Focus Sacco Society has…

CreditExpress gives Saccos new lease of life

Sacco ReviewApril 27, 2018April 27, 201802 mins

By Kiptanui Rutto Improved efficiency will prove critical in the Sacco sub sector as the battle for increased membership intensifies. In order to achieve that coveted target, the application of technology has come in handy to provide top-notch solutions in the business world. One of such Information Technology (IT) solution provider that has walked hand…

Kimisitu Sacco to launch FOSA Services

Sacco ReviewApril 27, 201803 mins

By Wesley Ken Kimisitu Sacco plans to introduce a Front Of¬fice Service Activity (FOSA) wing to offer basic banking services to members. The front office will enhance efficiency in providing services to its members to meet their banking needs and other financial services which will complement products and services offered by the back office services….

SACCO CEO: Ochieng to steer Siraji Sacco to greater heights

Sacco ReviewApril 26, 2018August 9, 201808 mins

By Our Reporter Felix Ochieng has a well cut-out vision on Siraji Sacco’s growth plan. When you meet him, the Chief Executive Officer is crisp, precise and articulate on the strategic development plan for the Sacco he has headed for the last nine years. Clad in black suit, a striped shirt and a matching tie,…