Busia County Savings and Credit Society Limited has rolled out ambitious plans aimed at making the SACCO the giant in the county, currently dominated by FARIDI Sacco that is owned by Busia County Teachers.
To boost the Sacco’s membership Busia Governor Sospeter Ojaamong and his Deputy Moses Mulomi became new members; the current membership stands at 280.
Speaking after receiving the tools of trade from the Sacco treasurer James Lwanyoni, the Governor urged County Staff from the Executive and Assembly to join the Sacco.
“By becoming a member, a person can solve his or her problems by borrowing a loan at subsidized rate of interest,” he said.
Apart from being a member of Busia County Sacco, the Governor has been a member of Bunge Sacco for the last 17 years where he served as Member of Parliament for two terms between 2002 and 2012.
Other members of the Sacco include Speaker Bernard Wamalwa, Clerk Allan Mabuka, Deputy Speaker Lawrence Okaale, Chief Officer for Lands and Urban Development Maurice Odundo , County Public Service Board chairman Lawrence Akijakin and member Patrick Afande.
Assembly Speaker Bernard Wamalwa said they want to be a giant Sacco in the Country’s plans to purchase a piece of land in the 2020/2021 Financial Year.
The Sacco chairman Gabriel Erambo said they have tendered for the purchase of a 52- bus-sitter Executive Bus for Hire, adding that the tender will be opened on September 23.
There are over 160 registered Saccos in the county. In July 28 Saccos benefited from the Cooperative Enterprise Development Fund worth 18m.