small-scale traders - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Meru clergy launch new Sacco for small-scale traders

Sacco ReviewAugust 6, 202607 mins

Meru clergy launched Maendeleo Ya Jamii Sacco to support small traders, farmers and low income earners with affordable loans and savings. Members pay Ksh500 to register, buy shares from Ksh1,000 and can access loans from Ksh2,000. Leaders urged residents to save, invest and join the Sacco to grow their businesses. Residents of Ruiri-Rwarera ward in…

State allocates KSh5 billion to Hustler Fund in 2024-2025 budget

Sacco ReviewMay 6, 202402 mins

The State has allocated KSh5 billion for the Hustler Fund in the 2024/2025 budget. The fund, managed by the Cooperatives department is aimed at providing cheap mobile loans to Kenyans. In the present financial year, the Government had allocated KSh10 billion towards the same but it was trimmed in the first supplementary budget. READ ALSO:…