Page 60 - Ramco JO SACCOStar _Vol 50.indd

LEISURE

PUZZLE

Brain Teasers SACCO STAR ISSUE 49

1. Name one agriculture based SACCO
in Kericho County?

2. Which SACCO tops in the country
with an asset base of Ksh52 billion?

3. Which Ministry deals with registration
of SACCOs and who is the Cabinet
Secretary?

4. Which law informs operation of
SACCOs in Kenya?

5. Differentiate between a SACCO
Society/Co-operative and a pyramid
scheme?

Answers

58 | SACCO Star Magazine
1. Simba Chai SACCO Society
2. Mwalimu National SACCO
3. Hon. Peter Munya, Min. of Agriculture, Livestock,

Fisheries, and Co-operatives
4. SACCO Societies Act No. 14 of 2008
5. A pyramid scheme is illegally operated financial

investment whilst a SACCO is a duly registered
member-run investment whose management and
profits is enjoyed by the members