Gusii region residents have been urged to invest in the locally-owned Saccos to empower themselves economically.

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Wakenya Pamoja Sacco Society Chairman, Nelson Simba, urged Gusii residents to invest in the saccos instead of investing in economically unviable investments and venture whose future looked bleak.

Addressing delegates during the sacco's annual meeting at Gusii Institute of Technology, Simba assured members that the sacco is on the right track.

“Our Sacco is growing very fast and I would like to encourage you to invest with us,” said Simba.

He further encouraged them to exploit their entrepreneurial skills and invest in shares.

Simba tipped delegates on the importance of buying and investing in the Sacco's shares, saying, the Sacco Societies Regulatory Authority (SASRA) has cleared the Sacco to establish a Deposit-Taking Micro-Finance (DTM) bank immediately it gets a license from the Central Bank of Kenya.

He encouraged the sacco members to increase their shares at the sacco to strengthen its share capital for sustainable growth and performance in the competitive financial services economy.

"I am not ashamed to say that members from this community are slow in buying shares not only in our Sacco but in other organizations as well. I am encouraging them to buy our Sacco's shares and they will not regret having taken that step," said Simba.