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{
    "id": 1519665,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1519665/?format=api",
    "text_counter": 54,
    "type": "speech",
    "speaker_name": "Kirinyaga Central, UDA",
    "speaker_title": "Hon. Joseph Gitari",
    "speaker": null,
    "content": " Hon. Speaker, pursuant to the provisions of Standing Order 44(2)(c), I wish to request for a Statement from the Chairperson of the Departmental Committee on Trade, Industry and Cooperatives regarding the mnagement of the Shirikisho la Wanawake Savings and Credit Cooperatives Society Limited. Shirikisho la Wanawake Savings and Credit Society (SACCO) Limited was established in 2001 with the objective of empowering women to be actively engaged in economic decision- making. Initially rooted in Embu and Kirinyaga counties, the SACCO has grown to include thousands of members from across the country and boasts a substantial capital base. However, in the recent past, concerns have emerged among members regarding the operations of the SACCO, especially following the unfortunate passing on of its coordinator, Ms Christine Ngare. Since her demise, there has been a breakdown in communication from the new management, despite repeated requests from the members for updates on the governance and financial status of the SACCO. This has caused anxiety amongst members, particularly noting the prevalence of financial mismanagement reported in various cooperative societies in the country. It is against this background that I request for a Statement from the Chairperson of the Departmental Committee on Trade, Industry and Cooperatives on the following– 1. Current status of Shirikisho la Wanawake Savings and Credit Society Limited including its financial and registration status with the Sacco Societies Regulatory Authority (SASRA). 2. Measures that the Ministry of Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development has put in place to ensure that the Sacco complies with established regulations, particularly in financial reporting and holding of regular meetings. 3. Steps being taken by the Ministry to enhance governance and oversight of cooperative societies in the country to protect the members’ savings. Thank you, Hon. Speaker."
}