Kanisa SACCO has been recognized as the 2nd Most Efficient and 2nd Best Managed Community-Based
SACCO in Kenya at the 2019 Cooperative Alliance of Kenya (CAK) Awards Gala Dinner held on 20 July 2019 at Safari Park Hotel in Nairobi as a culmination of the Ushirika Day Celebrations.
This follows a rigorous adjudication process conducted on the SACCO by CAK – the National Apex body for Kenya’s Cooperative Movement for the second year in a row. The process identified and considered SACCO operations under the following seven pillars: membership, finance, credit administration, products and services, governance, information technology, and human resource management.
The awards were presented in the following eight categories: Best in Capitalization; Best in Savings
Management; Best in Credit Management; Most Efficient; Best in Risk Management; Best in technology Optimization; Most Improved and Best Managed.
A combination of the pillars was used to arrive at some award categories. Various weights were allocated to each pillar depending on the category type. For a society to be considered as best managed, it must have excelled in all the above aspects.
” This means that the SACCO has been consistent in the delivery of quality services to its membership. Comparing the performances in 2018 and 2019, Kanisa SACCO recorded improvements in seven out of the 8 award categories…“
In 2018, Kanisa SACCO also received two awards emerging 2nd Best in Savings Management and 2nd Most Efficient in the Community-Based SACCOs sector. This means that the SACCO has been consistent in the delivery of quality services to its membership. Comparing the performances in 2018 and 2019, Kanisa SACCO recorded improvements in seven out of the 8 award categories, excluding Best in Capitalization, with an overall 10.83% change is the scores awarded.
In the spirit of continuous improvement, the Central Management Committee has since analyzed the reports and put in place measures to improve on the areas the SACCO didn’t perform very well. “The exercise and
related processes are largely credible and useful for the growth and development of any SACCO, so taking part in it is something we take serious as the leadership of Kanisa SACCO. We believe we can record better
performance with better preparations and documentation,” said Nelson Opany, Vice Chairman of Kanisa SACCO during a Strategic Plan brainstorming meeting hld on 21 September 2019.
The SACCO’s adjudication and awarding process is one of the activities undertaken annually by the
cooperative movement in celebration of the International Day of Cooperatives (Ushirika Day) marked on the first Saturday of July every year. This year’s National Ushirika Day Celebrations, at which Kanisa SACCO was well represented, took place on 20 July at the KICC COMESA Grounds, with the H.E President Uhuru Kenyatta as Chief Guest. Next year’s Ushirika Day celebrations will be held on 4th July 2020.