Sh60m released to cooperatives

The County government of Uasin Gishu is giving out low interest loans of Sh60 million to eleven cooperative societies that have successfully registered with the county government and serving the public in the County.

The funds set aside to benefit the County’s cooperative sector, will promote the welfare and economic uplifting of the people in Uasin Gishu, through the County Department of Trade, Enterprise Industrialization, Cooperatives, Tourism and Wild Life.

“The funds aim to help in facilitating marketing of products and services, both in the domestic and international markets which will improve the livelihood of our people,” said area governor Jackson Mandago.

Speaking during the release of the funds, Wednesday, in Eldoret and Burnt Forest, he urged relevant officials in the saccos to  manage and utilize the funds appropriately to make the community grow, economically.

“My government will work with you and ensure that you prosper in your cooperative societies. I want you to use the money wisely. Use them in a way that will benefit your members by investing in profitable  projects,” said the governor.

He added: “The cooperative societies are going to link us to the common mwananchi where we will deal with development issues like agriculture and business opportunities on the ground.”

On his part, Trade Enterprise, Industrialization Cooperatives Tourism and Wildlife Management CeC, Philip Melly said the funds aims to boost livelihoods of the people, besides creating an environment that will boost the economy in the County.

“As a department, we are working on ensuring that the Cooperative societies expand, grow their names and the development agenda in the County,” he said.

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