Sacco
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East Africa
Ollin SACCO latest to expand to Nairobi
NAIROBI-Ollin SACCO has opened a new branch in Nairobi City in a move aimed at growing its business and clientele. The SACCO’s new branch expected to give best services to Nairobi residents…
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Cooperatives & Communities
Paa-Apira SACCO transforming livelihoods of members in Northern Uganda
GULU – Farmers in Acholi Sub-region are busy planting maize, rice, sorghum, sim-sim, cassava as the first planting season of the year continues. Notable among the busy farmers are the members of…
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Cooperatives & Communities
Hot debate in parliament over money lender’s death
KAMPALA – The murder of Uttam Bhandari, a city money lender by a police officer, Ivan Wabwire, has stoked debate in parliament on mental health, minimum wage and exorbitant interest rates in…
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Africa
Zambia: NAZ SACCO to safeguard interests of members
NAIROBI– Leaders of the National Assembly of Zambia Savings and Credit Cooperative [ NAZ SACCO ] were urged to prioritise and safeguard members’ interests as it seeks to enhance its services, as…
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Cooperatives & Communities
Tororo district launches disbursement of PDM funds
TORORO – There was excitement in Tororo district days ago following the launch of the disbursement of the Parish Development Model [ PDM ] funds to the intended beneficiaries. Under the PDM,…
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Cooperatives & Communities
Koboko farmer SACCOs hire tractor to boost commercial farming
KOBOKO – Farmer SACCOs in Koboko district will now find it easy to cultivate land after they acquired a tractor from Muni University. According to the farmer SACCO leaders, the tractor will…
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Cooperatives & Communities
Amolatar receives Shs 4bln PDM funds
AMOLATAR-A total of 85 Parish Development Model SACCOs [PDM SACCOs] in Amolatar district have so far received Shs 4 billion released in the first and second quarter of the current financial year.…
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Cooperatives & Communities
Koboko United SACCO installs new board
KOBOKO – Koboko United SACCO Limited has appointed new members of the board into office and the team is expected to steer the SACCO to prosperity. The SACCO founded by the late…
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East Africa
Tabasamu SACCO storms billionaires’ club
NAIROBI-Tabasamu SACCO has crossed the one billion mark to join the league of billionaire SACCOs in Kenya, according to local news agencies that have reported on the financials of the microfinance institution.…
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Cooperatives & Communities
Masindi Teachers’ SACCO share capital grows
MASINDI– The share capital for Masindi Teachers’ SACCCO increased to Shs 65 million in 2022 from Shs 56mln in 2021, according to Joseph Rukundo, the outgoing SACCO chairperson. Rukundo disclosed the share…
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