By Irene Mwende
Jamii Sacco Chairman Harrison Katoni attending the Annual Saccos leaders
convention in Mombasa Jamii Sacco has intensified its call for youth and women across the country to join the cooperative movement and invest in their future, as the Sacco sector positions itself for transformative reforms.
Speaking during the Annual Saccos Leaders Convention in Mombasa, Jamii Sacco Chairman Harrison Katoni urged young people and women entrepreneurs to take advantage of Saccos as safe, reliable, and empowering financial institutions that can help them build sustainable livelihoods.“This is the time we as Saccos must deliberately mobilize young people to cultivate a strong saving culture and invest for the future.
Saccos remain the most accessible and community-driven financial institutions that empower ordinary wananchi,” said Katoni.He noted that youth and women form a significant percentage of Kenya’s population and represent a powerful economic force that can drive national development if properly supported through structured financial products, mentorship, and affordable credit.
Katoni emphasized that Jamii Sacco is rolling out tailored financial solutions aimed at attracting young investors, including flexible savings plans, digital platforms, and affordable loan facilities designed to support startups, agribusiness, and small enterprises.During the convention, leaders across the Sacco movement echoed the need for accountability, transparency, and innovation to strengthen the cooperative sector.Katoni further applauded the recommendations made by the Committee of Experts appointed by the Cabinet Secretary for Cooperatives, Wycliffe Oparanya, to spearhead reforms in the Sacco sector.
He said the proposed reforms will enhance governance, protect members’ deposits, and modernize operations to align with global financial standards.“We welcome these reforms. A stronger regulatory and governance framework will build public confidence and ensure Saccos remain competitive in an evolving financial landscape,” he added.
The Annual Saccos Leaders Convention brought together cooperative leaders, regulators, and stakeholders from across the country to deliberate on strengthening the Sacco movement, enhancing digital transformation, and promoting financial inclusion.
As Kenya’s cooperative sector continues to grow, Jamii Sacco reaffirmed its commitment to empowering members, particularly youth and women, to secure their economic future through disciplined savings and strategic investments.
