Makueni Hawkers Redefining Wealth Creation By Ordinary Folk

13/08/2020
by Bosco Mulwa

Makueni-Hawkers-Redefining-Wealth-Creati

In 2015, the Makueni County Government spearheaded formation of the Makueni Hawkers Sacco bringing together all hawkers based in the county.

The Sacco, with 1,500 members then, was registered in February the same year and awarded two lorries as seed capital to ease transportation of their merchandise and to enhance wealth creation.

With a monthly savings of at least Sh 120,000 a month, and a membership of 2051 as of today, the Sacco has acquired a new lorry, and aims at acquiring three more such that each sub-county chapter has its own.

The new lorry was unveiled on Wednesday by governor Kivutha Kibwana, who pledged his government’s support in the acquisition of the planned trucks.

The Sacco, which has also ventured into loaning its members, had a loan portfolio of Sh 4.6 million as of December 30th 2018 audit report.

The Sacco, according to its leadership, also intends to venture into real estate development and water hawking through purchase of a water bowser as ways of business diversification.

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