Cooperative Summit

12/10/2012

Saccos were grappling with liquidity problems and were unable to meet the members demand.

12/10/2012

The government has in recent years initiated various reforms that have narrowed the difference between the saccos and banks .

12/10/2012

Saccos had the potential to expand their activities with adequate capital and called on multinationals to fund them.

12/10/2012

Muramati was started by Tea farmers in Muranga in 1993 due to unprecedented move by banks to ask for high savings accounts

12/10/2012

Currently UNAITAS is moving out from Central region and spreading to other counties.

12/10/2012

One way of looking at the coop sector is: 9th largest international economy and world's biggest democracy.

12/10/2012

Young people aren't the future of cooperatives, they are the present.

12/10/2012

We are moving from an industrial world to a hyper-industrial world, where services are becoming industries.

12/10/2012

We are streamming live this years Summit for African Saccos & Co-operatives - www.coopsummit.com

Summit for African Saccos and Cooperatives

11/10/2012

"Saccos lent out Ksh 150 billion in 2011 while banks lent Ksh 1.3 trillion. Why the difference?? Unavailability of adequate funds for
wears down sacco sector.", Carilus Ademba - CEO SASRA Cooperative Summit ACAL (Alpex Consulting Africa Ltd)

12/09/2012

There are distinct differences between a cooperative and an investor-based business. SASCO 2012 will explore these differences in order to guide financiers on prudent financing for coops.

11/09/2012

Thank you Catherine of Timescu Sacco for coming to the Secretariat offices today. We are still in progress to make this Summit as good as it can be for our delegates