East Africa

Solution SACCO partners with tour company to ease travelling for members

NAIROBI-As the Christmas season nears, Kenyan entities, Solution SACCO and Bonfire Adventures have decided to collaborate to ease holiday planning and make travelling for the former’s members affordable and enjoyable.

In the partnership, members will grow their savings through a Holiday Account, then the SACCO will, in turn, negotiate a discount on behalf of its members. The partnership is geared towards emphasising the need to plan for holidays early through saving as well as making travel planning easy.

“This is a strategic partnership to enable our members to plan and easily execute their travel needs for education, business or leisure. Our members’ needs are very dynamic and we are here to continue building strategic partnerships that will provide solutions,” said Solution SACCO CEO,” Daniel Marete.

The Holiday Account savers will sign up for different holiday destinations across the world. “Bonfire will ensure that we make the entire holiday planning easy and affordable to the members. We have several local and international travel destinations across the world from Alaska to Cape Town,” the Managing Director Bonfire Adventures, Simeon Kabu said.

According to the arrangement, the Sacco members can easily make deposits to their Holiday Account via Mpesa using free PayBill No 997960, visiting any Solution SACCO outlet or Agent. Members can also pay for the holiday using Solution Sacco Verve Card, USSD or mobile App.

The SACCO is set to roll out several other campaigns to encourage members to grow their savings and investment.

The Society is a licensed tier-one Deposit-taking SACCO established in 1976 to champion its members’ social and economic prosperity.

It is licensed and regulated by SACCO Societies Regulatory Authority [SASRA] with an asset base of over Ksh 7.5 billion and over 25,000 members drawn from different sectors: education, health, Cooperatives, Counties, and National Government employees, MSMEs, Chamas, and other community-based organisations.

Solution SACCO has positioned itself as a leading financial institution in the country and beyond by offering competitive member-focused savings and credit products and services.

To meet its members’ dynamic needs, Solution SACCO established two subsidiaries, Suluhisho Letu Insurance Agency and Solution Housing and Investment Cooperative.


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