EXCELLENCE
Kenya Police Sacco Leads in Rewarding Top Savers & Conducting Member Education Drive Across the Country Amid Covid-19 Pandemic By June Njoroge & Anthony Mwachiro.
former Inspector General Mr. Joseph Boinnet, Board of Director and Management together with the Sacco’s best savers.
T
he giant Kenya Police Sacco, undisputedly remains to be the most viable Sacco to join in 2020. The acclaimed Sacco has set pace on multiple fronts, by rewarding top savers and leading a countrywide member education drive, amid the Covid-19 Pandemic. Speaking at the recently concluded Top Savers Seminar at Sarova White sands resort in Mombasa, the national Chairman Mr. David Mategwa, OGW, DNS, ICUDE, said the objective of the seminar was to encourage more saving and boost the saving culture amongst members of the Sacco. ‘We continue to focus on sustainability as a business response to challenges facing business globally. Empowering members for quality lives, whilst encouraging innovation and development using the latest technology,’ Mr. Mategwa stated. He further added that the Sacco has revised its operation mechanism on organizational resilience to offset the effects of the Covid-19 pandemic to members. In attendance was the Chief guest, State Department of Cooperatives PS, Ali Noor Ismail, Inspector General of the National Police Service, Mr. Hilary Nzioki Mutyambai, National Service Police Commission, Mr. Eliud Kinuthia, Deputy Inspector General Mr. Edward Mbugua,
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SACCO TIMES | OCTOBER - NOVEMBER 2020
Kenya Police Sacco National Chairman, OGW, DNS, ICUDE Mr. David Mategwa, giving his address at the Top Savers Seminar in Mombasa.
State Department of Cooperatives PS, Mr. Ali Noor Ismail adressing members at the Kenya Police Sacco Top Savers Seminar in Mombasa.
The PS noted that the government was key in giving maximum confidence to Saccos, as the security of members’ savings remains to be a paramount concern to the government, with regulations already put in place, calling for members to save more. He further noted that the Kenya Police Sacco has instilled confidence in members, having been awarded as the best in credit service management during the 2019 Ushirika day. Mr. Eliud Kinuthia, NPSC Chairperson, called on civilians working in the police department to join the Sacco. Similar sentiments were shared by the former Inspector General, Mr. Joseph Boinnet, who noted that the Kenya Police Sacco has invested heavily thanks to the commendable saving culture inculcated by the Sacco. The various guest speakers, lauded the Sacco management for implementing effective measures meant to increase more savings from members; which has boosted the asset base to the current Kshs 35billion.
The Inspector General of the National Police Service, Mr. Hilary Nzioki Mutyambai, giving his address at the Kenya Police Sacco Top Savers Seminar in Mombasa.
The distinguished Sacco has been embracing in full throttle the significance of 5th Co-operatives Principle on Education, Training and Information; which emphasizes on the importance of member education, in acknowledgement that an enlightened member is