Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The sterling performance of the Saccos in Bondo has been attributed to prudent management, proper capacity building, and adherence to best practices. The various Saccos have been placed under an umbrella management entity called Goldian Credit Limited, where experts offer real-time solutions to the Saccos (small businesses), guiding them and taking them through best business…
In a significant step toward empowering local communities, Uwezo Fund cheques totaling Ksh 3,150,000 were presented to 19 groups in Nyeri Town Constituency. The event was presided over by Hon. Rahab Mukami, Nyeri County Women Representative, alongside Hon. Duncan Mathenge, MP for Nyeri Town, Uwezo Fund Chairperson Ms. Ann Njuguna, and Senior Assistant County Commissioner…
Cooperatives and SMEs Cabinet Secretary (CS) Wycliffe Oparanya has emphasized the importance of forming cooperatives among beneficiaries of the Uwezo Fund. He highlighted that by coming together; individuals can create a larger pool of resources, enabling them to get more substantial funding for their business ventures. Oparanya stated, “When you join cooperatives, you have an…
The Cabinet Secretary (CS) for Cooperatives and MSMEs Wycliffe Oparanya has backed the Uwezo Fund terming it a game changer in ensuring the reduction in unemployment rates and promoting inclusive economic development. The CS was speaking after meeting the Fund’s board members yesterday where he was briefed on current efforts being considered to enhance effectiveness…
Some 315 groups in Kilifi North Sub-county in Kilifi County have benefited from the Government Uwezo Fund amounting to KSh24,810,000, Sacco Review has established. Speaking to Sacco Review in her office in Kilifi town recently, Kilifi North Sub-county Youth development Officer, Roselyne Wekoto revealed that the revolving funds have been disbursed to the groups to boost…
16 groups within Kisumu Central constituency have received Ksh2.3 million from Uwezo Fund to boost their activities. Out of the group, 13 have been refinanced while 3 are new ones. Credit and loans officer Laban Mwangi noted that most groups repay their loans on time and urged them to continue doing so to enable others…
By Erick Nyayiera Jumuisha Sacco in Siaya County is the official intermediary of the Uwezo Fund in Bondo Constituency. Bondo Constituency Member Of Parliament Dr. Gideon Ochanda and his Uwezo Fund committee signed an agreement that will see the Sacco take over the administration of the Uwezo revolving Fund. The constituency Uwezo Fund committee had…
By Tsozungu Kombe Twenty five women and youth groups in Mvita constituency have received loans from Uwezo Fund amounting to Sh36.6 million to boost their businesses. Mvita MP Abdulswamad Shariff Nassir said they have been given the money as a revolving fund to enable them improve their small scale businesses and repay later. He added…
