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USAid, Kuscco line up Sh750m for Societies

Co-operative sector umbrella body Kenya Union of Savings & Credit Co-operatives (Kuscco) has secured Sh750 million for on-lending agri-based societies through a USAid Cooperative Development Programme (CDP).

The ‘Kilimo’ loan product, jointly developed by the Kuscco and the World Council of Credit Unions, will benefit co-operative societies dealing in horticultural, cereals and dairy activities.

The Kuscco said co-operative societies with established activities that benefit farmers and have a ready market for products would benefit from the programme.

Woccu World Council CDP director Jean Thiboutot unveiled the fund following the conclusion of an eight-year Improving Small Rural Producers Income through Integrated Access to Financial Services and Agricultural Markets project.

“It is always inspiring to see our CDP projects result in financial products and services people can easily access and utilise to improve their quality of life,” said Mr Thiboutot when he commissioned an irrigation system and a borehole sunk for the 90-member Kanoto Horticultural Farmers’ Cooperative.

Kuscco said participating co-operative societies must have saved with umbrella body for more than six months, other terms.

The irrigation system will allow Kanoto farmers to enhance the production of French beans for export.

Kuscco said societies in semi-arid areas with active members, sound financial records and are certified as producers by horticultural export agencies with good farming history qualify to apply for the funds.

Source: https://www.businessdailyafrica.com/markets/marketnews/USAid-Kuscco-line-up-Sh750m-for-societies/3815534-5241482-15gretp/index.html?fbclid=IwAR0MuHqFS5slyLmUbZ6xrqohhRmGJih1b63gWoTwaJf0kUncsVd3_W5fOy8

ISO 9001

KUSCCO QUALITY POLICY

We commit to consistently promote SACCOs through advocacy and provision of quality technical and financial products that exceed the members’ expectations.
We shall comply with the statutory requirements and actively pursue continuous improvement of the ISO 9001:2015 Quality Management System (QMS) processes, capabilities and effectiveness.
In pursuit of our commitment we shall ensure that the quality policy and objectives that have been established and communicated to the Union employees shall be reviewed annually in accordance with the stipulated framework and quality standards.”