Teachers have been challenged to consider setting up investments from the little income they get out of teaching job to catch up with the rests of the world in economic empowerment.
Mwalimu Sacco Gusii branch chairman Gichaba Simba on Tuesday faulted a number of teachers for reverting into careless drinking and neglecting their responsibilities at home.
Simba, who is a former teacher said the increasing incidents of cases involving teachers applying for loans without coming up with constructive projects were worrying in the region and called for immediate combating of the trend.
“I want to challenge my fellow teachers to consider investing in many areas that are currently profitable. It is really worrying that some male teachers take loans and take the money to drinking dens. That is not the way to go because we want to see you people thriving,” he said during his visit to Borabu.
He said many teachers could no longer take care of their families and end up calling for support in from of harambees because they fail to utilise their savings appropriately.
“I have seen many cases where a teacher cannot educate their children because they didn’t plan properly for their savings. And investments can be the game changer. The little we get can help us invest and get something out of it,” he added.
He said the Sacco would soon start offering loans for teachers who were willing to enter into real estate investments and warned of possible consequences for teachers whose wives would be reporting their misconduct to the Sacco’s management.
“I want also to take this opportunity to inform you that we will be keen to support teachers who are ready to invest in real estate. Also, those who will be regularly reported by their partners for mismanaging loans might be locked out in subsequent applications. We want to see teachers doing something meaningful out of the loans we give and that is why we are rallying behind investments,” he said.