Page 42 - Ramco JO SACCOStar _Vol 50.indd
P. 42

FINANCE AND INVESTMENTS

KUSCCO GMD Mr George Ototo. cutting tape during the official opening of TNT Kachibora Branch.

TNT SACCO steers                                                    Speaking during the launch, the SACCO chairman, Mr Robert
towards growth                                                      Omari urged members to market the Society’s services and
by OPENING NEW                                                      products to the community by sharing their experiences to
BRANCH                                                              increase membership and ensure the growth of the SACCO.

   By Tom Nangendo                                                  “To ensure you have a good experience with the SACCO, you need
                                                                    to have a good plan before borrowing a loan from the Society.
Members of Trans National Times (TNT) SACCO                         This will ensure that you are in good books with the SACCO, by
              Society at Cherengany will be able to access the      investing wisely and hence the timely payment of loans,” said
              Society’s products and services with ease following   Mr Omari.
the launch of a new branch at Kachibora in Trans Nzoia County.
                                                                    He added, “Where you need advice on investment or loan
The launch of the new facility, which is the fourth nationally, is  payment, ensure you engage with the staff at our various
in a move geared towards increasing the Society’s membership,       branches or the headquarters in Kitale town.”
especially targeting small businesses and traders in the area.
It is also towards an expansion bid of the Society, to serve its    He further implored members to make the Society a partner
vast membership above 10,000.                                       rather than just a facility and avoid unnecessary borrowing to
                                                                    avoid falling into bad debts causing financial and psychological
Members were urged to take advantage of the new facility by         strain to them and their families.
affiliating themselves to save their daily income from their
businesses and taking up loans to expand their daily source         Mr George Ototo, KUSCCO Group Managing Director
of income.                                                          celebrated the growth and applauded the management for the
                                                                    commendable leadership and good governance of the Society.

                                                                    “Congratulations to the TNT Society fraternity. It is due to your
                                                                    prudential steering of this SACCO that we are celebrating this
                                                                    milestone. Keep up the noble job and ensure you net as many
                                                                    members as possible, especially ‘bodaboda’ groups, small and
                                                                    medium-sized businesses to ensure the growth of the Society.”
                                                                    Mr Ototo said.

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