Women Sacco gets Sh10m boost

BySacco Review

Jul 25, 2018 ,
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By Our Reporter

Homa Bay County Women Sacco has received financial boost to strengthen its operations.
The society received Sh10 million from Women Enterprise Fund (WEF) and two million shillings from the County Government.
Homa Bay County Woman Representative Gladys Wanga said the Sacco was established to enable women be economically independent.
“The funds will help the society to empower its members financially,” stated Wanga who is also its patron.
She said the Sacco was realising its objectives as more women saved and borrowed funds for different activities.
Wanga, who was speaking during the institution’s Annual General Meeting (AGM), said it had more than 10,000 members and deposits of Sh99 million.
She said their target was to increase the deposits to Sh500 million.
WEF representative Mary Kabaru said they were keen on funding women and youth organisations that are able to demonstrate financial growth and discipline.

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