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

Murang’a County sets aside Ksh10.5 million to support youth businesses

Sacco ReviewAugust 9, 2024August 9, 202402 mins

Murang’a County Government will disburse a total of Ksh10.5 million to youth who recently underwent Murang’a Youth Service (MYS) programme as start-up capital for various businesses. In the programme initiated by Governor Irungu Kang’ata to create self-employment for the youth, the first cohort of 700 youths graduated under the programme recently, with each graduate given…

Ndege Chai Sacco targets youth recruitment for sustainability

Sacco ReviewApril 11, 2024April 11, 202406 mins

Ndege Chai Sacco has doubled marketing efforts to attract more youthful members to the society. The Chairman Supervisory Paul K.Mutai told delegates that there was need to focus marketing efforts towards the younger generation to ensure sustainability of the Sacco adding, “as the economy improves opening up opportunities for employment and business for the youth,…

Cooperatives urged to embrace youth leadership

Sacco ReviewOctober 27, 2023October 27, 202302 mins

Uasin Gishu Chief Officer for Cooperatives and Enterprise Development Ruth Samoei has urged cooperative societies to allow young people in their management. Speaking during a visit to the Kipsonoi Dairy Cooperative Society in Bomet County, Samoei noted that most cooperatives are run by old folks and that there is a need for a paradigm shift…

Bungoma County leaders urge youth to embrace avocado farming

Sacco ReviewOctober 10, 2023October 10, 202304 mins

Bungoma county leaders have urged the youth in the region to embrace hass avocado farming as an alternative source of income. Speaking during the official opening of Sisi Village produce demonstration centre for hass avocado and bee keeping projects in Kanduyi constituency, area MP John Makali and his Bumula counterpart Jack Wamboka urged locals to…

Bungoma County leaders urge youth to embrace avocado farming

Sacco ReviewOctober 6, 2023October 6, 202304 mins

Bungoma county leaders have urged the youth in the region to embrace hass avocado farming as an alternative source of income. Speaking during the official opening of Sisi Village produce demonstration centre for hass avocado and bee keeping projects in Kanduyi constituency, area MP John Makali and his Bumula counterpart Jack Wamboka urged locals to…

How to get reluctant youth to join Saccos

Sacco ReviewSeptember 9, 2023September 9, 202305 mins

The best choice for the youth to achieve the much sought after financial empowerment is for them to join good Saccos. Offering young entrepreneurs admission into Saccos and other accelerators alleviates the risk and fear that comes with taking the leap into entrepreneurship alone. Enterpreneurhsip is an area where many youth have feasible ideas about…

Diversify from check-offs to MSME markets, Saccos challenged

Sacco ReviewSeptember 6, 2023September 6, 202305 mins

Cooperative Commissioner David Obonyo has called for a paradigm shift on how Saccos conduct their businesses, warning that relying on the check off system is no longer tenable. Most Saccos, Obonyo stated, were employee-based that depend on a check off at the end of the month to give loans, turning their back on millions in…

SASRA report suggests why youth should invest in Saccos

Sacco ReviewAugust 26, 2023August 26, 202306 mins

While Saccos have been in existence for years and being lauded as priceless savings and credit extension avenues, it now looks quite challenging to convince the youth to save in Saccos. The Sacco sub-sector Demographics Study Report of 2019 released by Sacco Society Regulatory Authority (SASRA), which carried an in-depth study on age and gender…

Kilifi youth urged to embrace Uwezo Fund to boost income

Sacco ReviewAugust 25, 2023August 25, 202301 mins

Youth in Malindi sub county, Kilifi county have been urged to take advantage of Uwezo Fund to boost their businesses. Speaking to Sacco Review, Malindi sub county Youth Development Officer Mtana Mwahunga urged the youth to form groups to enable them to access the Fund to expand their businesses. “The Fund will help address the issue…

Saccos shift to issuing loans against personal security

Sacco ReviewAugust 25, 2023August 25, 202307 mins

Savings and Credit Cooperative Societies (Saccos) are increasingly following in the footsteps of commercial banks by using personal security such as title deeds and log books instead of guarantors when issuing loans. An analysis by Sacco Review indicates that the number of Saccos giving members the option is on the rise and that the new…