Kenya Women Finance Trust Nyamira branch has honored Nyaronge women group for their loyalty to the financial institution.
In a short ceremony held at Nyaronge primary ischool in Kitutu Masaba, branch managing director Beth Karanja lauded the 40 members for their dedication and endurance to ensure the economy of the country is streamlined.
“This group has been very instrumental in taking advantage of loans from our institution. As an institutor we really acknowledge their contribution and I hope others can take advantage of such opportunities,” she said.
She said the group had borrowed over Sh50 million in 2014 and complied with regulations such as repaying the loan in stipulated time.
“They have been our customers and that is why we are honoring them. They borrowed over Sh50 million last year and broke the existing record of their own (Sh25 million). This is a tremendous step and we wish other women should borrow example from them,” she added.
The director asked Nyamira women to form such groups so that they can be economically independent and avoid relying on their husbands for assistance.
“Women should form such groups to empower themselves economically. We should shift from the paradigm of depending on our husbands for sustenance,” she said.
The group was given Sh100,000 cash money, which group leader Alice Ondere said will be used to start poultry rearing project.