Groups chairperson Mrs.Agnes Bii receiving water tanks |
When Bureti residents
came together and decided to form a self-help and development group, they never
knew what was in store for them, the idea of starting a business venture was at
first a herculean task but the will to labor their way to a formidable financial
strength would later earn recognition and support from Imarisha Sacco
micro-credit department.
According to the group's
Chairperson Mrs.Agnes Bii , Initially the group started as a chama, a merry go
round to raise funds for small family needs through little personal contributions.
Soon the group grew and ventured on an horticultural project.
One year later the group
horticultural project came under huge natural challenges as the dry spell began.
The decision to open a savings account with Imarisha Sacco Litein
branch was the groups best decision and turning point.
All this
time the group labored and it was only when they thought of approaching the Sacco
for a loan to finance other new venture.
Through online call to action messages and out bound marketing campaigns by the Sacco,the members got information on the water tank loan, a product that would finance individuals and groups to acquire tanks to store rain water,water drawn
from boreholes to secure their farm project.
The group approached the credit managers who advise
them to apply for a water tank loan from Imarisha Sacco. Within no time the Sacco
approved their application and a 10,000 liter water tank was delivered to the group
members. .
Imarisha Sacco
Micro credit manager Mr. Joseph Kirui present during an event to award group beneficiaries
said “The Sacco will continue to finance water tanks to members who apply for this loan,"he further alluded that the loan would be repaid in a period of 72 months and that currently the loan has been increased to over kshs.78,000 to cater for rising demand and needs.
Imarisha Sacco society
has been in forefront in transforming member’s lives through innovation of new
products and services.
Management and staff of Litein Imarisha Sacco branch receiving tanks from a supplier. |
One of the
beneficiaries Mr. Bernard Koech attested that the group’s horticultural and
dairy farming is doing well since it has enough water supply through the
season.
”I have no problem
with water shortage. I can feed my cows well and still have enough
supply of water for household and construction purposes” added Mr.koech who also doubles as an individual member recipient of water tank loan from the Sacco .
Mr Bernard Koech group secretary acknowledging receipt. |
Imarisha Sacco now
offers variety of Micro credit loans including Soko loans, Chap Chap loans,
Muwa loans, Kilimo advance and Kilimo loans.
Open an account
with Imarisha Sacco society limited today and you could be the next beneficiary of the life transforming water
tank loans.
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