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SACCO INDUSTRY WATCH

                        ONE ON ONE

                      ON THE SIDELINES WITH THE SACCO’S STEERING WHEELS

Ushuru SACCO Chairman Mr. Isaac Kiprop                                       What key lesson have you learnt as a leader in the
                                                                             SACCO movement?
              :KHQGLG\RXMRLQ8VKXUX6$&&2"                                SACCO leadership needs transparency and should be
              I joined as a member in 1993 and became the secretary to       comprised of vibrant people with divergent views; you
              the branch in 2007. Later in 2010, I was selected to join the  don’t need a fabric of a board where you always agree on
              supervisory committee. I served diligently in each position    issues.
              vested in me. That’s why in 2014 I was elected by members
              as their National Chairman.                                    Apex bodies should strongly assist in the survival of
                                                                             SACCOs by advocating for the best.
              What kind of a leader are you?
              I am a great team player in the SACCO. I am approachable,      +RZGRHQFRXUDJH\RXUPHPEHUVWRVDYHDQGERUURZ
              foresight, a good implementor, motivator, focused and a        in your SACCO?
              great investor who sees and believes in vision. I act as the   We have adopted a two days loan policy of any amount.
              KHMJADSVDDMSGD!N@QCNECHQDBSNQRLDLADQR@MCRS@? @MC   We have reduced the issues of emergency with friendly
              SGQNTFGNTQUHRHNMVDVDQDSGD?QRS2 "".SNINHM2@E@QHBNL  OQNCTBSRENQDW@LOKD2GTI@@KN@M@MCQD?M@MBHMFNE
              Platform. We are pioneers when it comes to implementing        the loans of any amount which has really improved the
              systems.                                                       SACCO business.

              :KRKDVEHHQ\RXULQVSLUDWLRQ"                                'HVFULEH\RXUVHOIDVDFDU
              Author Pepe Minambo, his overall views on issues amaze         I am a Mercedes. It is very comfortable and strong
              me

Ushuru SACCO CEO Mr. William Pudha

              What are key reasons why Kenyans prefer joining                :KDWLV\RXUNH\LPSDFWLQWKH6$&&2"
              8VKXUX6$&&2"                                                   • Creation of job - 6DG@CLDLADQRNERS@?AXSGD
              .MDNESGDJDXQD@RNMRHRSGDU@QHNTR?DWHAKDKN@M
              products available to members. For instance; members                  time I was joining, now we have 23 employees.
              get loan instantly within a maximum period of two days.         • Increased membership - We now have 6,000 active
              6DG@UDCDUDKNODC?DWHAKDKN@MSDQLRENQQDO@XLDMS
              period of 72 months. We serve members across the                      members compared to 2,800 members.
              country to areas as far as Lokichogio, Lunga lunga, Garisa      • Increased asset base - .TQSNS@K@RRDSA@RDHR*RG

              , Moyale, Mandera and Keunga.
                                                                                    Billion from Ksh 900 million by the time I was joining.
              We have also partnered with Safaricom to reach out to           • Loan book: The loan book was Ksh 600 million with
              LDLADQRSGQNTFGLNAHKD?M@MBH@KRDQUHBDR@MCG@UD@
              professional young Board of Directors.                                a cheque collection of Ksh 39Million and is now
                                                                                    at Ksh 2.7 billion with a cheque collection of Ksh
              :KDWLVWKHPRVWLPSDFWIXOERRN\RXKDYHUHDGVRIDU"                 120Million.
              Beyond Shadows of my Dream - by Martin Oduor Otieno             • Turnover: In 2007. The SACCO’s turnover was Ksh 70
                                                                                    million and today it is Ksh 370 million.
              What is the one mistake you have learnt in your                 • Interest on member’s deposits: (SQNRDEQNL
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              leadership?                                                           
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              Think before you act. Never make a decision in a rush.
                                                                             'HVFULEH\RXUVHOIDVDFDU
14| SACCO Star Magazine                                                      A Range Rover, it is a strong steady car.
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