Home / County News / Faridi, Magombe voted best Saccos in Busia County
Photo: Busia County Executive Committee Member for Trade, Cooperatives and Industrialization Judith Maketso gives a trophy to Magombe chairman Christopher Ngunyi in Busia on Saturday.

Faridi, Magombe voted best Saccos in Busia County

Chief Officer for Cooperatives Nelson Kwamini gives a trophy to officials of Katamakisi women farmers in Busia on Saturday.

Faridi and Magombe Cooperative Societies have been voted the first and second best in the County. The two Saccos plus six others were honored by the County Government during the 96th Ushirika Day celebrations at Busia Polytechnic   on Saturday.  

  A part from winning the overall title Faridi were also winners in Matayos Sub County with runners up Magombe also taking top honors in Bunyala.

 Other sub county winners were Safari (Butula), Katamakisi Women Farmers (Teso South), Malaba/Malakisi Cooperative Union (Teso North). Boresha Sacco (Nambale) and Abamunyiti (Samia).

Faridi vice chairman Peter Opasamong said the society with a capital base of Sh800,000 million is a learning institution that offers attachment, operates FOSA loan facilities and offers consultancy services.

Magombe chairman Christopher Ngunyi said the 52-year-old society is boasting of nine tractors bought by the County Government at subsidized rate of Sh2m per tractor courtesy of JICA and the National Government.

Busia County Executive Committee Member for Trade, Cooperatives and Industrialization Judith Maketso thanked Magombe for showcasing their products, adding that all cooperatives will in future Ushirka Days have to showcase their products.

Ms. Maketso told cooperators to cultivate the culture of paying their loans to enable others seeking the funds to access them with ease, adding that legislation was being drafted on the mechanism for defaulters “’ but we don’t want to take that direction’’.

 The CEC member said management of some cooperatives was wanting, warning officials who will be found culpable that the County Government will not hesitate to send them packing.

“Our cooperative leaders need capacity building. As a County Government we shall organize capacity building for our cooperative office bearers to bring sanity in the management of these societies,’’ she said, adding that they will increase funding to cooperatives in future.

Chief Officer for Cooperatives said value additions was the way to go, adding that   relevant legislations were in the assembly which will see our rice in supermarkets.

‘’ We are keen on reviving the cotton industry in Busia County in collaboration with the National Government. We are also negotiating with Rivatex to buy lint and other products from Busia farmers,’’ he said.

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