Emerging Opportunities Savings & Credit Cooperative Sacco (EMO SACCO) was officially registered in November 2013, driven by the desire of numerous members to create a SACCO tailored to their unique needs. EMO SACCO is designed to serve various categories of individuals, including EMO members not covered by existing SACCOs, such as farmers and Jua Kali traders, as well as employees of small and medium enterprises (SMEs) that lack the capacity to establish their own SACCOs, like retail shops, professional firms, and security companies.
By April 2015, EMO SACCO had successfully enrolled over 500 active members, signifying a promising future. EMO members who join the SACCO can access its comprehensive range of loan products, and those holding EMO shares can utilise their certificates to guarantee loans. Additionally, there are plans to establish SACCO branches in every county headquarters to broaden its reach.
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