Page 19 - Issue 48_press_efile
P. 19
SACCO INDUSTRY WATCH
MUDETE SACCO
Changing lives in Kakamega and
Vihiga Counties
From left Mr. Silas Ambei and Mr Victor Yamame during the interview Mr. Silas Ambei's Tumaini Traders shop
By Victor Yamame
Mudete SACCO, which draws its members from tea
farmers, has established itself in transforming the
lives of both tea growers and non-tea growers.
Silas Ambei a non-tea grower, who joined Mudete in 2003
through a field officer, runs Tumaini traders both a wholesale Mudete SACCO's Marketing manager Sharon
and retail shop and Tumaini oil filling station. It is easy to tell Chiseno at Hillary Agalomba's Sindikiza butchery
that he has the desire for his job.
He attributes his success story to Mudete SACCO who were
A modest, soft spoken and sociable, Mr.Silas Ambei, is the always willing to listen to him and offer financial support
embodiment of resilience. His expedition as an entrepreneur whenever he needed it the most.
is a flawless demonstration that there is always light at the end
of the tunnel; no matter how far the distance looks. Mr. Ambei is the entrepreneur behind the Tumaini Traders. An
acclaimed entrepreneur who has been in business throughout
He narrates how he started from saving small and graduated to his life, he came up with an idea of starting a petrol station and
saving high amounts as he was targeting a high credit facility a shopping Centre to offer relief residents who always went to
to boost his business. Kakamega town to enjoy these services.
He started with a single petrol pump after having the desire
to provide the services to the public. Initially, he had tried to
acquire funding from a bank but in vain. However, that changed
when he walked into the doors of Mudete SACCO who financed
him with a first business loan of Sh500000, enabling him to
expand his business operations.
SACCO Star Marketing Executive Ronald Ambooka, "Mudete SACCO rarely declines to give loans to finance viable
Mudete SACCO member Silas Ambei and Victor businesses. The SACCO provides technical assistance to enable
the borrower repay the credit facility promptly," he narrates.
Yamame during the interview at Mr. Ambei's building
17| SACCO Star Magazine
