Kwale Residents Urged To Join SACCOs

Kwale County Executive Committee Member for Social Services and Talent Management who is also the Acting County Executive Committee Member for Tourism and Enterprise Development Ramadhan Masudi Bungale has today led the county in marking the International Day of Cooperatives at a function held at Mvindeni in Msambweni Sub County.

Addressing members of different Savings and Credit Cooperative Societies from the county who gathered to mark this year’s celebrations, Mr. Bungale said the County Government of Kwale is implementing a model to ensure all SACCOs in the county flourish.

“As a County Government, we are implementing a cooperatives model that will ensure all Savings and Credit Cooperative Societies in Kwale County are self-dependant,” Bungale explained.

He has further explained that the County Government of Kwale has employed Cooperative Officers in each Sub County to ensure that the cooperative movement in the county is successful.

“Very soon the County Government of Kwale will employ Cooperative Auditors who will make sure that Cooperative Societies are transparent and accountable in their management systems and book keeping,” He added.

However the CEC member challenged all active SACCOs in Kwale County to position themselves in the county government’s agenda, for them to benefit from the county’s investments plans geared at realizing the Big Four development agendas.

On his side, Kwale County Executive Committee Member for Finance Bakari Hassan Sebe who was also present at the event urged residents of Kwale County to join the cooperative movement saying that savings and credit cooperative societies are a good way of saving for future investments.

“Saving and Credit Cooperative Societies are a key driver in the growth of the national economy, and without them the Kenyan economy could not have reached where it is today,” Sebe explained.

The event begun with a procession of members drawn from various Savings and Credit Cooperative Societies at Kona Ya Musa in Ukunda to Mvindeni where the celebrations have been held.

The theme for the 2018 International Day of Cooperatives is “Sustainable Consumption and Production of Goods and Services” which creates an opportunity for cooperatives to show how they run successful businesses whilst respecting our natural environment and the resources it offers.

The International Day of Cooperative is an annual event celebrated on the first Saturday of the month of July with an aim of creating awareness on the cooperative movement and highlighting its contributions to the society.