SACCO TIMES EDITION 30 OCTOBER - NOV 2020

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Mombasa Port Sacco Assures Members of Prosperity Despite the Covid-19 Effects Mombasa Port CEO, Dedan Ondiek during his speach to delegates and guests present during the SDM.

By Anthony Mwachiro

M

ombasa Port Sacco management, is optimistic that the Society, will maintain its top performance, amid the Covid 19 pandemic’s impact on the economy. Addressing delegates during their Special Delegates Meeting (SDM), held at Bandari Maritime Academy, in Mombasa, the Board Chairperson, Mr. Alfred Konde noted that the Society, was able to remain afloat despite the pandemic.

Mombasa Port Sacco Chairperson, Alfred Konde shares a point with his deputy Mr. Philip Omwalo during the SDM at Bandari Maritime Academy.

“The total revenue as at August, 2020 was Kshs 551.8 million compared to our budget of Kshs 648.8 million, thus missing the target by 15%. This is a positive performance for our Sacco, regardless of the adverse effects, spelled by Covid 19 pandemic.” Noted Mr Konde.

During the event, delegates approved their budget, with income projection at Kshs 1.1 billion, for the year 2021, with the board confident in ensuring that the Society Mombasa Port Sacco Hon. Secretary Susan Ayoyi, meets its target, despite addressing delegates during the SDM on 3rd october 2020.

Mombasa county director of cooperatives Nelson Nyoro addressing delegates and MPS management during their SDM.

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SACCO TIMES | OCTOBER - NOVEMBER 2020

the impact of the pandemic, that has affected the entire world economically. Mombasa Port Sacco management, assured their members of their commitment, aimed at ensuring members’ safety, as they patronized their products and services. According to the 2021 budget, Mombasa Port Sacco, has dedicated about Kshs 25 million shillings for marketing the society, at different levels to increase membership. In reiteration, the Chairperson, called for members, to take an active role in growing the Sacco’s membership. “If each member can take the challenge to bring in at least one member, we would double the number to about 20,000 members.” Said Mr. Konde. On technology, he noted that plans were at an advanced stage, to have a member’s portal at the Society’s website, to enable

Mombasa Port Sacco CEO Dedan Ondiek listening to a delegate’s view during their SDM.


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