SIROWA SACCO - OUR PILLAR!

 Title: Empowering Lives: Sirowa Sacco's Mon Gi Bando Project Brings Hope and Prosperity Introduction: Sirowa Sacco has always been committed to making a positive impact on the lives of its members, and the Mon Gi Bando Project stands as a shining example of their dedication to uplifting the community. In this initiative, Sirowa Sacco is extending a helping hand to widows, orphans, young girls, and the physically challenged, providing them with a unique opportunity to improve their lives through the supply of maize on credit. The Mon Gi Bando Project: The heart of the Mon Gi Bando Project lies in Sirowa Sacco's innovative approach to support vulnerable individuals. Participants in the project receive 2 bags of 90 kg maize each on credit, allowing them to take a step towards financial independence. What sets this initiative apart is that participants are required to send the principal amount of 4180 per bag at the end of the evening, with the added benefit of keeping the profit ...

Title: Sirowa SACCO: Empowering the Luo Community Through Financial Inclusion Introduction In the heart of Luoland, Sirowa SACCO stands as a beacon of hope, striving to bring economic empowerment and wealth creation opportunities to the Luo community. Recognizing the existing economic disparity in the region, Sirowa SACCO aims to bridge the gap by providing financial services, group farming projects, and trading cereals. Today, we present an investment memorandum seeking a KES 5 million investment to facilitate our expansion and profitability, offering attractive incentives to potential investors. Let's delve into the reasons why Sirowa SACCO presents a compelling investment opportunity. Why Now? The Luo community has long endured the absence of economic ownership in their own homeland. Supermarkets, petrol stations, lending services, and food supply businesses are predominantly owned by other communities. Every day, approximately KES 100 million flows out of Luo land to other regi...

  Sirowa Sacco Partners with Ahero Irrigation Scheme Farmers Sirowa Sacco, a leading savings and credit cooperative society in Kenya, has announced a new partnership with Ahero Irrigation Scheme Farmers. The partnership aims to provide much-needed financing to farmers in the Ahero irrigation scheme, which is the biggest irrigation scheme in Luoland, covering approximately 2,000 acres and including over 70 farmer groups totaling approximately 1,200 farmers. The partnership will provide three types of financing to farmers: harvest financing, input financing, and farming financing. Harvest financing will cost KES 7,000 per acre, while input financing, which includes seeds, herbicides, and fertilizers, will cost KES 15,000 per acre. Farming financing, which covers all costs from flooding to harvest, will cost KES 25,000 per acre. This financing will help farmers access the necessary resources to increase their yields and improve their overall productivity. For the past 60 years, the Ah...

                                Sirowa Sacco: Join the Movement to Build the First Luo Owned Bank As a Luo, you are no doubt proud of your rich culture and heritage. However, you may also be aware of the challenges faced by our community, particularly when it comes to economic empowerment. For too long, we have been at the mercy of outsiders, relying on them for loans, cereals, greens, milk, chicken and eggs. But it's time to change that, and Sirowa Sacco is leading the way. Over 2,000 Luos have already joined the Sirowa Sacco movement, each contributing KES. 10,000 to help transform our community Sacco into the first ever Luo owned bank. We invite you to join us in this exciting venture, and take control of our own economic destiny. For 60 years, we have depended on outsiders for loans, cereals, greens, milk, chicken and eggs. But with Sirowa Sacco , that is no longer necessary. We give loan...

Mastering Your Finances: How SIROWA SACCO Can Help You Achieve Personal and Business Financial Success At SIROWA SACCO , we believe that managing your finances is essential for achieving financial success both in your personal life and in your business. Effective financial management involves planning, organizing, and controlling your financial resources to achieve your goals. In this blog post, we will discuss the importance of personal and business financial planning and the various ways in which SIROWA SACCO can help you achieve your financial goals. Personal Financial Planning Personal financial planning is the process of creating a budget, setting financial goals, and tracking your spending to achieve short-term and long-term financial objectives. The first step in personal financial planning is to create a budget. A budget is a plan that outlines your income and expenses for a given period. It helps you to identify areas where you can save money and make adjustments to your spend...

  Title: Three Causes of Poverty in Luo Homes & Sirowa Sacco Solutions Poverty is a major challenge in many Luo homes, with hospital expenses, funeral expenses, and education expenses being the leading causes. These expenses can quickly become overwhelming and leave families struggling to make ends meet. As a community-focused financial organization, Sirowa Sacco has taken the initiative to provide solutions that can help alleviate these problems. Hospital Expenses One of the leading causes of poverty in Luo homes is hospital expenses. In many cases, families are forced to sell their assets or take out loans to cover the cost of medical treatment. To address this problem, Sirowa Sacco has established a NHIF club where full members can get a monthly loan of KES. 500 for NHIF, and the member pays KES. 25 daily. This ensures that families have access to medical care without having to worry about the financial burden. Funeral Expenses The cost of funeral expenses can be a huge burd...