GESTE Foundation and DGRV are both organizations promoting international development cooperation. GESTE financially supported our partner organization Kipkelion Youth Service Cooperative Society (KYSC) at the beginning of this year 2023, with the aim of supporting the economic activities of the co-operative. The funds financed the establishment of a CoffeeTuk Business and will go a long…
DGRV/GKCD conducted a successful workshop on defining of a specialized training for Co-operative Auditors on 15th September 2023 at the Heron Hotel, Nairobi. The workshop was attended by 17 representatives from 11 keys stakeholders: The Cooperative Alliance of Kenya, The Co-operative Bank, CIC Group, NCBA CLUSA, National Co-operative Housing Union (NACHU), The Co-operative University of…
The long-awaited day finally arrived and our partners, Kipkelion Youth Service Cooperative (KYSC) Limited launched the KYSC CoffeeTuk Business on Thursday, 28th September 2023 in Kericho. KYSC is the first and so far only service co-operative in Kenya that runs a coffee shop. The CoffeeTuk is a fun location offering coffee, snacks, and daily changing…
DGRV/GKCD had a successful workshop on NDT SACCO Supervision (not regulated by SASRA) and Audit Curricular at the Heron Hotel, Nairobi. The stakeholders present included State Department of Cooperatives, KUSCCO, SASRA, NACHU, CAK, CUK, Golden Chance SACCO, Narok Central SACCO, Health Partners SACCO, Cooperative Department from Nairobi County and Narok County, CIC SACCO among others.…
Our partner, Kipkelion Youth Service Cooperative (KYSC), is a youth cooperative society that is finding innovative ways of doing business in the local hospitality Industry. Its main objective is to promote its members through economic participation. The background of these youth is in the Coffee growing areas and they are planning to implement businesses which…
Our partners, Kipkelion Youth Service Co-operatives (KYSC) task force team alongside the DGRV/GKCD team undertook the Coffee Tuktuk Business Plan review in Nairobi at the DGRV/GRKCD offices to establish how far they have gone as well as plan for upcoming activities like branding, launch, videography among others. Thereafter, they paid a visit to Quantum Investments…
SACCOs in Kenya plays critical role in mobilizing savings from the members. At the same time, these SACCOs offer loans to members at competitive interest rates in the background of other more favorable terms and conditions. Hence, deposits and loans portfolios have been growing into millions of Kenya shillings on daily basis. With such huge…
We had a successful monthly supervision and pilot testing of supervision tools for of 5 non-deposit taking SACCOs in Narok North Sub-County, Narok County namely Yamua SACCO, Health Partners SACCO, Narok Fleet Transporters SACCO, Nafugo SACCO and Golden Chance SACCO. The cooperative officers and SACCOs visited in Narok North Sub-county appreciated the quality of the tools…
The Ministry of Cooperatives and Micro, Small and Medium Enterprises (MSMEs) Development in Kenya and German Federal Ministry for Economic Cooperation and Development are implementing a project in Kenya namely: Promoting Co-operative Structures in East Africa as a Contribution to Strengthening Rural Regions. In Kenya, the specific project interventions are implemented by German Kenyan Cooperative…
An Annual General Meeting (AGM) is a mandatory yearly gathering of an organization’s interested shareholders. As required by law, Annual General Meeting is a mandatory yearly gathering of any Cooperative’s shareholders. It is the governing meeting of the Cooperative which brings members and directors together to share reports of the previous year, financial statements, make…