This year’s Qwetu Sacco education to members event was successfully concluded with members in Taita-Taveta county and the diaspora trooping to various venues to acquaint themselves key issues pertaining to the sacco as well as future prospects.
The major highlights of the event was deliberation on the ambitious Qwetu Sacco Five Year Strategic plan running from 2024 to 2028.
The plan is anchored in the strategic theme of “Reinventing the business model for sustainable growth”.
This is intended to enable Qwetu Sacco DT Sacco to take advantage of the opportunities available in the market and attain a total asset base of Ksh10 billion by the year 2028, as well as addressing the challenges that could obstruct the society’s progress towards that end.
In his message to the members,the sacco chairman Mr Simon Mbashu underscored the need for members to buy more of share capital and add as much as they could in order to make the sacco stronger and provide capital for growth and development.
The chairman also emphasised the need for members to embrace technology in order to improve efficiency in service delivery.
Among the key areas of focus in the education document this year included:
1.Role of members in Qwetu DT Sacco
2.Understanding the Sacco regulator framework
3.Key performance indicators for Qwetu DT Sacco
4.Portfolio performance
5.Enhancing members contributions
- Members complaints handling
Mr Mbashu at the same time assured the members of the institution’s stability, pointing out that the society’s total asset base of over KSh 4 billion was something all members should be proud of.
“Our asset base is the key indicator of our sound economic foundation and I urge those who have not paid their full share capital amount to do so in order to guarantee a stronger financial base for the future”, the sacco chairman said…et
