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Originally published by Capital Newstop
June 13, 2026
3h ago
Ruto launches Shirikiana Sacco, hails it as catalyst for economic transformation
President William Ruto has launched Shirikiana Sacco at Masinde Muliro University, describing it as a transformative cooperative initiative to expand savings, credit access and economic empowerment...
✨ Key Highlights
President William Ruto has launched Shirikiana Sacco, a new cooperative financial institution in Western Kenya, aiming to boost economic transformation through increased access to savings, credit, and investment.
- The initiative, launched at Masinde Muliro University of Science and Technology, is part of the government's strategy to empower grassroots economies.
- President Ruto praised Cooperatives and MSMEs Cabinet Secretary Wycliffe Oparanya for revitalizing the ministry and expanding financial inclusion, noting the Hustler Fund has grown to Sh90 billion.
- The Sacco, whose name means "come together," is designed to support farmers, traders, and entrepreneurs by pooling resources and providing affordable credit, aligning with the Bottom-Up Economic Transformation Agenda.
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