By Wesley Ken
Vision Africa Sacco
Ltd has launched
ATM services to ensure
efficient and effective delivery
of quality products and
services to members.
It unveiled the services
in a colourful ceremony that
was graced by Co-operative
Bank’s Head of Sacco banking
Peter Kirugu among other top
officials of the bank in Nakuru
County.
The Sacco Chairman
Joseph Mugere lauded the
achievement, saying the Vision
Africa Sacco ATM launch
was through a bigger branded
patron (the Cooperative Bank)
that allows its members to
make cash withdrawals from
any branded ATM, not only
in the country but across the
globe. Hiram Macharia, the
Sacco CEO said the launch
was timely because, most of
their customers being business
people make frequent deposits
and withdrawals.
The Sacco embarked on
a plan to embrace technology
and modernization of its banking
business at the beginning
of this year.
The Sacco with over
10,000 members was started
12 years ago in Gilgil town by
small traders.
Vision Africa has since
then made major strides in its
endeavour to attain financial
inclusion, a pursuit that has
seen a notable improvement
of the livelihood of its members
owing to its open-membership
business model. The
Sacco serves mainly small
scale traders, Jua Kali artisans,
motorbike bodaboda riders,
supermarket employees
and other organizations. The
Sacco rebranded to Vision Africa
Sacco in 2010, putting it
on a high pedestal and consequently
embarking on opening
more branches outside Nakuru
County. Currently the Sacco
has three branches: Nakuru,
Gilgil and Naivasha.
The Sacco this year started
a housing and property project
which has so far seen over 220
members benefit from its 1st
phase.
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