USHIRIKA DAY 101

TOGETHER WITH OTHER SACCOs AGAIN

Siginon SACCO Joins other Sacco’s in Mombasa for Ushirika day celebrations on the Saturday, 1st July 2023. The event which was themed “Cooperatives for Sustainable Development” graced by the Ministry of cooperatives officials and other Mombasa county officials.

Since 1923, cooperatives from around the world have been observing the day in recognition of the significant economic impact cooperative movement has had on the world and the role it has played to building a more sustainable future.

The event also aims to raise awareness about cooperatives, the principles of the movement and the dedication of cooperatives to building a just future for everyone.

Siginon SACCO was listed and acknowledged among other saccos and awarded Three(3) certificates of merit under tier 3 category for being the BEST IN CREDIT MANAGEMENT, BEST COOPERATIVE SOCIETY NON-REGULATED and MOST INNOVATIVE. All this was achieved through the togetherness culture from top management and members. Sacco Also took part in the Tag of War competition though didn’t win a trophy but remains an activity we will not miss to participate.

Ushirika Day Imagery

Team Ready at Buxton awaiting official opening of the USHIRIKA walk.
Walk begun and the Banner Stayed the highest and brightest!
Sacco Accountant Mr. Benard Kemboi Joined the walk.
Board Member Mr. Mahmoud Joined the Ushirika walk.
Madam Evalyn, (Left) Board Member also joined the Ushirika Walk.

The motivated team arrived strong at the Mombasa Show Ground ready for the Ushirika Activities. Below were physical exercises in preparation for the Tag of war!

In Blue Jacket Madam Everlyn, Sacco Customer Service Officer joined the men in preparation for the Tag of War.
Mr. Morris Iha from Regional Logistics Mombasa (Left) Exercising for the Tag of War.
Bending in gray Jumper, Mr. Simon Njoroge from ICT Department SGLM leading the Exercise.
Our Supervisory Committee Secretary Madam Monica, (Front) joined the Men in preparation for the Tag of War.
A team of 8 men ready for the war

Vuta! Vuta! Vutaaaa! That was the language and motivation from the spectators from other Saccos but our fate finally remained in the hands of our competitors. We look forward to winning come next year.

After a tough pull with our competitors, we dropped the rope and accepted the loose. On the Knees, Our Marketing Executive Officer Mr. Habel who was part of the Tag Team.

A Countable Milestone

The growth of Siginon Sacco has been so visible regardless of the challenges and the past straggles and this could not stop the Ministry of Co-operatives from acknowledging our progress. Being under the tier 3 category, amongst other Saccos we had a moment to receive our certificates.

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THE GOODNESS OF WISE BORROWING

Testimonials at a blink

Is borrowing really a good idea? Yes it is but again can be a No, depending on the borrower’s plan. Wise Borrowers have benefited so much in few years of their membership and this takes a positive mindset on the issue of borrowing.

Sacco gives you three times your savings and this calls for planning, first step being joining, paying a membership fee and share capital then committing a constant deposit amount for a period of six months where now you qualify to apply for a loan. Does this mean you must borrow immediately after reaching six months of membership? NO! Yes you qualify to borrow but you must qualify in planning too! It is wise to borrow with a proper plan at hand to execute. We have not gotten any story of a member who spent his first loan carelessly but maybe such experiences have been happening to some and they chose to handle them silently.

The Sacco chose to launch a Weekly story of members who have gone miles through borrowing. The TESTIMONIAL THURSDAY can be an eye opener with different inspiring true stories.

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MEMBERS TRAINING & AWARENESS 2021

Vigorous Member Education Campaign Accomplished
Training has been the song of every month and this has increased more education to members especially on matters concerning MEMBERS RIGHTS & OBLIGATIONS.
We have maintained our responsibility to educate our members and the outcome is good. Have you been attending trainings since year 2022 began? If not, be prepared for more trainings in the coming months of the year.
So far we have had trainings at Regional Logistics Center Mombasa and Nairobi, Siginon Global Logistics Mombasa and Nairobi, Siginon Terminal Nairobi, Siginon Warehouse Liwatoni and Shimanzi,
Siginon CFS and Kencont CFS Mombasa.

Sacco Customer Service Officer, Madam Evalyn Kavindu taking Members at Kencont Cfs through SACCO PRODUCTS, a session purposely for assisting members make right decisions during borrowing and Saving.
A practical session on Financial Management Topic handled by Sacco Marketing Executive, Mr. Habel Mwakio during the Kencont Cfs Members Training.
Front Line right, Madam Julie Karani-Sacco Manager, Keenly listening together with Members during the SGLM Training.
Accompanied by the Sacco Manager, Madam Julie Karani and the Vice-Chairperson, Madan Cathrine Kamau, a successful training on Members Rights and Obligations ongoing at Regional Logistics Centre Mombasa.
Regional Logistics Centre Members Keenly concentrating during a Training session.
Mr. Linus Kiptum a Truck Driver and active member encouraging fellow members on the benefits of being a Sacco Member during an open session of the SGLM training.
Madam Evalyn Kavindu_Sacco Customer Service on Sacco Products during SGLM Training.
SIGINON GLOBAL LOGISTICS NAIROBI AIRPORT SIDE Members photo after a Successful Training.
SIGINON GLOBAL LOGISTICS MOMBASA – Gathering after a Sacco Training.
Mr. Habel Mwakio_Sacco Executive Marketing Officer, taking members through Members Rights and Obligations during the SGLM Training.
Evalyn Kavindu, Sacco Customer Service officer, taking members through Sacco products.
Mr. Benard Kemboi, Sacco Accountant taking Members at Kencont Cfs on Rights and Obligations.
A Group Photo after the Kencont Cfs Members Training.
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SACCO 35TH AGM

The 35th AGM unveiled

With a long way experience of events, sacco recognizes this as the highly attended AGM. This is an outcome of the Member enlightment sessions under the education committee, whereby much focus for the past trainings year 2021 was based on Members’ Rights and obligations. It is a member’s mandate to attend an AGM and SGMs. A warm visit by guests and partners was our pride for the day_ Loftiers, Co-operative Bank, K-tech Solutions, CIC Group, KKCO East Africa, KUSCCO Ltd and Ministry Of Co-operatives were the Guests for the event.

From Right – Madam Susan_KKCO East Africa and Madam Linna_from Ministry of Co-operatives Mombasa
Exiting Chairman Mr. Gordon Okitte presenting the chairman’s Report During the 35TH AGM.
Mr. Samuel Kiragu from Co-operative Bank giving a speech during the 35TH AGM.
K-TECH Solutions Marketing Manager, displaying their phone products during the 35TH AGM. Good quality and durable Products members access through Sacco’s SPECIAL PRODUCT Loan.

35th AGM marked a climax with the Dividend Declaration 12%. This assured members, confidence and trust that there’s growth and high expectations in the coming years. Elected members were also announced through the Ministry of co-operatives as required. Members also were reminded of their rights to elect board members of their choice who meet the key requirements.

Pooling Together remains to be the key secret to the growth of Sacco and its members. Each member’s expectations and opinions are valued and it’s not only during such occasions that one is allowed to raise any concern, a member is allowed to bring his/her opinions to the society anytime.

35TH AGM GALLERY AT A GLANCE

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THE CBC SCHOOL FEES QUAGMIRE

Sacco Promises Members a smooth journey over school fees

Reliability is one of Sacco’s Core Values and being reliable in such a situation was a win and a Trust builder.

It is a reality that Covid-19 pandemic in year 2020 affected so many parents and children on the education side and some are still not in acceptance of the abrupt change-The CBC system role out.

The paying of school fees became un-manageable to many since the Terms and semesters were shortened hence fees remained the same. With this Quagmire, Sacco remained on truck with its members meeting all school fees needs on time. This simply called for a timely planning and acceptance of the outcome which sounded hectic. Reliability is one of Sacco’s Core Values and being reliable in such a situation was a win and a Trust builder to our members. We have a vision of Becoming the Sacco of choice. Giving members fulfilling services gave many a chance to get up and move in the midst of a disturbing change. Year 2022 is the final phase for the terms and semesters adjustments and since Sacco has been offering services on school fees to members, we promise to keep the same pace in the coming terms and semesters starting July. We request all our members to continue co-operating by giving timely applications with all necessary supporting documents and we will deliver!

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Siginon Sacco Members Training & Awareness

Have you attended the Sacco training sessions?

In accordance to the Sacco Strategic plan, we have a role as Sacco to ensure members are educated on basic information that shall help them grow in:

  • Personal saving culture.
  • Decision making in terms of loan application.
  • Personal growth.

It’s also a way of enhancing responsibility to members through giving them knowledge on their roles & Obligations as per the Sacco guidelines.

“All your questions and worries shall be tackled, come join us in the upcoming meetings”

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