Sacco opens a new branch

Fortune Sacco has opened a new branch in Kagio town as part of its expansion plans to get closer to their customers.

The Sacco is one of the leading societies in Kirinyaga County, offering full range of Sacco banking services including trade financing among others.

“The new branch is meant to improve our outreach programmes to our customers in Kagio and the surrounding areas,” said the Sacco chief executive Amos Kimotho.

Speaking to the media in Kerugoya town Monday, Kimotho said the opening of the new branch is a testimony that the Sacco is committed to serving members of the public wherever they are.

He said the Sacco has emerged as a major financier of micro and small scale enterprise in Kirinyaga County with special accounts like the Mwelekeo business accounts that enables account holders to access a cheque books.

Recently, Kimotho said, the organization introduced a mobile facility to ensure that customers access their money from every corner of the county.

He said the society has also partnered with ABC bank to provide the members with cheques clearing services and trade finances facilities of up to sh.200 million.

Under the arrangement, customers can also benefit from bid bonds and performance guarantees enabling those winning government tenders to get easier financing.

Other products offered by the Sacco include kilimo advance loan, kilimo working capital loan, kilimo development loan, and asset finance among others.

By Irungu Mwangi