Qwetu Sacco:We are on the right path towards discharging our core mandates
Qwetu sacco, the leading savings and credit cooperative society in Taita-Taveta County has reiterated its commitment to discharging its core mandate of providing loans, advances and timely salary payments. Addressing delegates during this year’s Annual Delegates Meeting at the Two Oceans Hotel in Voi which witnessed the adoption of the audited financial statements for the year 2024, the sacco chairman Mr Simon Mbashu assured the members and delegates that the sacco was firmly on the right footing in discharging its legal mandate. “We are pleased to report that our audited financial statements show positive progress across most of the key areas. We remain guided by a deep commitment to transparency, trust and service to members” said Mbashu, noting that the sacco had recorded a growth in revenue from Ksh 533m to 616m, a positive trajectory he said served as an indication of the sacco’s resilience in challenging economic times. “The major business of the sacco is saving...