Nakuru County Co-operatives commissioner Absalom Makanyanga has urged Nakuru residents to consider joining local savings and credit cooperative societies to safe guard their financial freedoms.
He said this when addressing members of Egerton University Savings and Credit Cooperative society during a special annual general meeting held at the sacco’s plaza along Nakuru-Narok road.
Makanyanga noted that the cooperative movement in the country had implemented a policy to embrace grassroots marketing of cooperative movements. The move is aimed at eradicating poverty and providing financial freedoms to low income earners.
“The cooperative society’s commission has a policy that aims at playing a big role in the realisation of the country’s vision 2030,” he noted.
Makanyanga urged local leading saccos in Nakuru County like Egerton University to diversify marketing to recruit more members at the grassroots.
This, he said, would empower common people and low income earners like small scale farmers, women and youth groups to be empowered economically. He observed that unlike banks, credit facilities offered by Saccos were flexible as the Sacco members were the owners and entitled to their shares among other benefits.