EMU-SACCO, one of the fastest-growing SACCOs in Laikipia, had its first, Special General Meeting on 6th December 2019 in Nanyuki.
Members got a chance to interact with their board members and got an opportunity to ask questions, give suggestions and get feedback about their SACCO.
The SACCO has steadily grown from a membership of 30 members in March to 120 members in December. The SACCO envisions that by June 2020 it will start issuing loans to members through the continually growing members’ contributions.
We offer the following loans for as low as 0.8% per month on a reducing balance:
- Water loans.
- Emergency loans
- Short term agricultural loans.
- School Fees
- Group Loans
- Insurance Loans
The Chairman, Mr. Charles Kinyua, emphasized the need for members’ commitment towards the growth of EMU-SACCO.
The founder members were recognized for their major support in building up EMU-SACCO to where it is now. He urged all the members to take up EMU-SACCO, and to own their organization. Each member made a commitment to recruit 5 members each by the end of January 2020, with the goal of over 300 members in total.
The Laikipia Cooperative Office also commended Ewaso Maji Users SACCO for its commitment to water conservation and community empowerment. They praised the organization and its early steps to provide good governance and services to their members.
Members acknowledged the support that CORDAID has given to EMU-SACCO in its first year under the Partners for Resilience Program. CORDAID encouraged the SACCO to engage more partners to accelerate growth.
EMU-SACCO gave an even greater opportunity for partnership by endorsing Corporate Membership for organizations that would like to support the work its doing. Corporate members would pay a membership fee of KES 10,000.
The SACCO has also incorporated Community Water Projects in its membership to help them enjoy group lending to support major water projects in their communities.
Mr. Kirimi, the Mount Kenya Ewaso Water Partnership Coordinators gave a clear message: “it is time to adapt to climate change and embrace water conservation for agriculture through installation of water harvesting, water storage and water efficient use technologies.” He dubbed the EMU-SACCO as a one-stop shop for water users in the Upper Ewaso Nyiro North Basin.
Become a part of this great cause by registering as a member today! Play your part!
|MEMBERSHIP CATEGORY||MEMBERSHIP FEE||MINIMUM SHARES||CAPITALIZATION FUND||SAVINGS|
For more information on the registration process contact email@example.com or call 0700 014 239