Lodwar, 5th September 2024 (Public Communications and Media Relations)

The Lodwar Fresh Produce Savings and Credit Cooperative Society has officially launched operations following the elections of its management committee and the handover of the society’s certificate.

The significant milestone targeting to benefit traders at the Lodwar Fresh Produce Market happened during the cooperatives’ inaugral general meeting.

The development, a massive boost to small-scale traders in Lodwar, offers new membership opportunities, along with access to savings and loan services aimed at supporting business establishment, growth, and expansion.

Speaking at the event, the County Director for Co-operatives Development and Marketing, Shemmy Ekuwom urged members to capitalize on the cooperative’s platform to access additional funding from the SACCO in addition to County government grants and loans, as well as other financial institutions, to enhance their business growth.

Hon. Ruth Kuya, Lodwar Township area Member of the County Assembly, also encouraged the traders to grow their business through savings and loaning and she also promised to follow up on infrastructure lacking at the new market to make it operational.

With nine board members inaugurated and charged with the responsibility of managing and steering the new Cooperative to higher heights, the target traders can now start enjoying loans and saving services.

The chairperson Elizabeth Kuri was presented with the SACCO’s Registration certificate which now allows them to undertake the objectives of the SACCO as guided in the By Laws

In attendance were staff from the Directorate of Cooperatives Development and Marketing.