Growth of Bingwa Sacco

As per the books of accounts the sacco registered a commendable growth in the following areas:

  • Membership- 20%
  • Sharecapital- 15.7%
  • Surplus        -26.6%

The above growth has been attributed to:

  • Prudent management,
  • Development of new strategies
  • Products and services diversification.
  • Highly improved technology.
  • Compliance with all set legislations.

NEW MANPOWER

So as to improve efficiency in service delivery the Sacco recently employed qualified  Microfinance Officers who will assist in this fast growing credit facilities. They will be deployed to oversee that microfinance products is tailored to suit the need of the customers and ensure that the sacco has managed this sector to the maximum.

The Sacco has also recruited an IT officer to assist the ever changing technology and ensures that the Sacco keeps abreast with these changes.