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NYUMBA GENERATIONS SACCO LIMITED

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P.O BOX 83594 – 80100
Mombasa, Kenya.
+(254) 792 248 314

Email: info@nyumbagenerationssacco.com;
nyumbasacco@gmail.com
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NYUMBA GENERATION SACCO
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2022 INTERNATIONAL COOPERATIVE DAY - Mombasa County best managed Sacco in private sector award
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2019 BEST MANAGED AND BEST CAPITALIZED SACCO - Mombasa County
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2022 INTERNATIONAL COOPERATIVE DAY - Mombasa County best managed Sacco in private sector award
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BEST CAPITALIZED SACCO AWARD - Mombasa County

BACKGROUND

Nyumba Sacco Ltd was started in 1980 with the objective of providing an opportunity to corrugated Group of Companies employees to save and borrow to meet their socio economic needs.

The Sacco started with a membership of 12 and over time has grown over 1,500 members.

The Society strongly upholds the co-operative principles of voluntary and open membership, democratic member control, member economic participation, autonomy and independence, promotion of education, training and information, cooperation among co-operatives and concern of the community in general.
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Cooperative Development Program (CDP)

World Council's Cooperative Development Program (CDP), called "Improving Small Rural Producers' Income through Integrated Access to Financial Services and Agricultural Markets," is funded by the U.S. Agency for International Development. In phase one of this five-year project, World Council worked with credit unions in Guatemala and Mexico to develop an innovative "toolbox" that addressed the financial needs and market barriers of rural producers. Now in the second phase, this model is being applied in Kenya.

 

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Future Farmers Schools

Future Farmers School is program aims to involve and attract students to agriculture and agribusiness at a formative age, while also educating them on financial literacy.

"World Council is proud to equip youth with the financial, business and agricultural tools that can benefit themselves, their families and their communities," said Brian Branch, World Council president and CEO. "Through the Future Farmer Schools program, we can increase youth employment in community-based farming."

World Council of Credit Unions recently signed an agreement through its Cooperative Development Program (CDP) with Beverly School of Kenya (BSK), a private boarding school in rural Kenya, to implement an agricultural program that encourages and educates youth to view agriculture as a means of income.

Future Farmer Schools
A student transfers to pasture land BSK's first young heifer that will soon supply the children with milk.  

With World Council's guidance, BSK will use a demonstration plot to teach children in primary and secondary school about agricultural concepts, such as market linkages, breeding, organic processes, crop rotation, genetics and the importance of irrigation.

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NYUMBA GENERATIONS SACCO LTD
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This is a long term loan granted to our members for their own personal development e.g. buying of land, property or any project. Read more

Features. Interest of 1 % p.m. on reducing balance; The maximum repayment period is 12 months. Read more

This is specifically designed to address the financial needs of the account holder after retirement, dismissal or resignation from formal employment, or permanent disablement due to age, disease or any other cause. Read more

 
BOARD OF DIRECTORS AND SUPERVISORY Read more
CHAIRMAN
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VICE CHAIRMAN
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TREASURER
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SECRETARY
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BOARD MEMBER
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Mr. Brian W. Barasa Mr. Thomas O. Basweti Mr. Elias N. Sindano Mr. James M. Mwosya Catherine N. Kipoto