Bungoma residents urged to invest in credit and cooperative saccos

Kikai Rural Co-operative Sacco Manager Mr. Peter Siromero Lungwanyi

The residents of Bungoma County have been urged to invest in savings and credit Co-operative Saccos as a way of eradicating poverty and ease the heavy burden of life.

Speaking in his office at Namwela, Kikai Rural Co-operative Sacco Manager Mr. Peter Siromero Lungwanyi said most of the people are dying of chronic diseases and 90 percent is attributed to a hard life due to lack of investment.

However, he revealed that Co-operative Saccos in the County are facing a lot of challenges including a lack of funds and poor management that has led to the collapse of many Saccos.

He appealed to the County government of Bungoma through the Ministry of Trade to set aside funds that will be lend to Saccos at a low interest to boost their businesses as well as capacity build and improve their knowledge in terms of management.

Beside that Mr. Lungwanyi decried the poor state of roads and bridges in Namwela Ward pointing out Nabing’eng’e bridge that was swept away by floods forcing famers from Mt Elgon to use long routs to take their farm produce to Chwele market.

“The residents of Binyenya and Kikai depend on this bridge to cross to the other side, if the schools will be opening on 1st September then we fear our children might not report to school unless something is done,” he said.

He urged the County government of Bungoma to renovate the bridge and construct the roads for easy accessibility.