EXCELLENCE
Magereza Sacco Leads in Conducting Countrywide Member Education Drive By June Njoroge
This is at PSTC final phase of education
success of the Sacco.
T
he giant Magereza Sacco continues to shine in 2020 on multiple fronts, having recently conducted an exclusive countrywide member education drive; despite the Covid-19 global pandemic, which covered well over 108 stations across Kenya. The education drive was carried out in three phases and was facilitated by a dedicated team of delegates, the directorate, executive management and honorable members.
Mr.N.K. Maswai and Mr. Raymond Kimani, together with the Deputy FOSA Manager, Madam Milkha Ongoncho and Branch Manager, Mr. Edwin Lagat, pose for a photo with the officer in charge of Kibos Maximum Prison after a successful session.
It was geared towards ushering in the launch of the Sacco’s two new products: the ‘Golden loan’ and ‘Karibu loan.’ In addition, it was to inform and educate both members and non-members on reasons why they need to save, invest and grow in the acclaimed Sacco. This is in line with the 5th Co-operative principle on Education, Training and Information, for empowerment in making informed choices; in cognizance that an enlightened member is a better investor, in order for members to contribute effectively to the
The Sacco has also embraced technology at full tilt, especially in the wake of the pandemic to curb the spread of the coronavirus. The Sacco has an agile mobile banking platform dubbed ‘Cloud –Pesa,’ which enables members to conveniently access products and services offered by the Sacco, through their mobile devices. From making withdrawals and deposits, repaying both FOSA and BOSA loans, balance inquiries, ministatement requests and so much more; members can access these services by dialling the USSD code *850#. There are a myriad reasons to join Magereza Sacco; from high interest rates on deposits, good dividends on shares, a strong burial benevolent fund for members and spouses, low interest on loans, access to insurance products and services, fast financing and building on cash reserves. The Sacco also boasts a robust Customer Care Center, to respond to any queries or complaints from
Board member in credit committee, Mr. Samuel Thirata, accompanied by the finance manager Madam Grace Nyambega, address the turn out.
Honorable Secretary, Mr.B. Galgalo, accompanied by Secretary Credit Committee, Mr. Nuni K. Chemno and member of staff Alex Mbithi joined by the officer in charge and Magereza members.
32
SACCO TIMES | DECEMBER 2020 - JANUARY 2021
Embu Prisons, address by the Chairman of the Supervisory Committee, Mr. Evans Madisi, accompanied by Vice Chairman, Mr. J.K. Too and Officers in Charge.
