In order to keep members informed on the new developments in the SACCO sub sector and to support them in the post COVID-19 financial recovery efforts, the Management of Kanisa SACCO organized a series of virtual member education events to run in the months of September to December.
Leveraging the Zoom platform technology, the first session was held on Saturday, 12th September 2020. The session covered the Impacts of the Non Deposit Taking SACCO Regulations on the Society and its Members. and addressed
Among the areas addressed were;why the regulations were introduced, their implications on the SACCO business, how members will be affected, the expanded role of the CMC/Board together with requirements for those seeking SACCO leadership positions. The Management also provided an update on the steps being taken towards compliance. The session was facilitated by Eliud Nzola from the Co-op Consultancy and Insurance Agency.
The second session took place on Saturday 10th October 2020 and focused on Personal Financial Reorganization Amidst COVID-19 Realities. This eye-opening session was delivered by Mr. Roy Okonji, a renowned Debt and Money Management Coach enabled members to learn about tips on managing finances during times of crisis, managing debt commitments, reasons to save more and maintaining good standing with the SACCO
The feedback so far is positive with majority of members appreciating the initiative to keep them engaged even with the existing limitations of holding physical events. If you missed any the sessions, you can watch them again on the Kanisa SACCO Facebook Page
The next event will take place on Saturday, 14th November 2020. It will be an orientation for all the new members who have joined us since the year began and will seek to share with them deeper insights into the SACCO products and services, our operations and respond to some of the questions and concerns they may have.
We hope these efforts at least help members to feel better informed and empowered as we move into the post-COVID recovery.