The Star (Nairobi)

1 February 2013

Kenya: Embrace ICT, Says Global Sacco Boss

Saccos in Kenya have been urged to embrace modern ICT so as to attract customers, safe guard savings and be more efficient.

Vice President, World Council of Credit Unions Mark Cifuentes said this when he visited Small Scale Growers Sacco in Mweiga, Nyeri.

Cifuentes commended officials of the Sacco for what they had achieved given their resources but urged them to use ICT as a stepping stone to the next level.

He said Woccu, which is funded by USAID, is a cooperative development programme meant to improve small rural producers income by providing financial services and agricultural markets.

Cifuentes was accompanied by Woccu programme advisor Patrick Muriuki and Irnet Coop Kenya general manager Obed Makori.

Muriuki urged the Sacco to change its mission statement from "promoting small scale informal sector entrepreneurs through affordable credit' to 'provision of affordable financial services,' to enable them reach a wider scope of clients.

Makori took members through training on installation of a fully fledged sacco management information system aimed at helping in administration tasks.

Sacco chairman Gerald Mwai thanked Cifuentes and his team for the visit and said he with his team will see that they accomplish the lessons learnt.

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