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Partners & Stakeholders


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Our Partners

Since its inception, KUSCCO has worked in cooperation with local organisations in Kenya, as well as international partners to improve and develop the cooperative movement in Kenya, by growing and lobbying for the interests of savings and credit societies.

We are committed to an approach that recognises and incorporates the efforts of partnership because we believe in the strength of a united and common goal, and the wealth of resources and knowledge that can be tapped from diverse local and international organisations. The passion and commitment exhibited by stakeholders and our partners has been instrumental in the phenomenal growth of the cooperative movement in Kenya, and greatly benefited SACCOs throughout the country.

A winning alliance

Our partners and other stakeholders have played a key role in:

  • Promoting an open, collaborative approach to the development of savings and credit societies in Kenya through advocacy, technical advice, financial assistance and training;
  • Leveraging additional resources for the growth and sustainability of savings and credit societies in Kenya;
  • Expanding the diversity of technical and other resources available to KUSCCO and SACCOs in Kenya;
  • Shaping the thinking of potential partners and KUSCCO members;

Some of the stakeholders and our partners are:

Ministry of Cooperative Development and Marketing:The line ministry under whose docket credit and savings societies, as well as KUSCCO, falls. The ministry was re-established in 2003 and given the responsibility of promotion, growth and development of the cooperative sector in Kenya. Since the ministry was re-established, the cooperative sector in Kenya has made tremendous achievements towards wealth and employment creation. Currently, there are over 12,000 registered cooperative societies with a membership of over 7 million. About 63% of the Kenya population directly and indirectly depends on cooperative society related activities for their livelihood.

African Confederation of Cooperative Savings and Credit Associations (ACCOSCA): A non-government, non-political and Pan-African confederation of national associations for the savings and credit cooperative movement. It was formed to promote cooperative movements in Africa. It has currently developed programmes aimed at improving social-economic needs of Africa through savings and credit unions, partnering with various government bodies, development agencies and research institutions in an effort to contribute towards mitigating the challenges facing Africa.
International Cooperative Alliance (ICA): An independent, non-governmental association which unites, represents and serves cooperatives worldwide. ICA has 248 member organisations from 92 countries active in all sectors of the economy. Together, these cooperatives represent nearly 1 billion individuals worldwide.
World Council of Credit Unions (WOCCU): The global trade association and development agency for credit unions. WOCCU international development programmes assist credit unions and their associations with rebuilding efforts, providing access to the underserved, developing integrated business networks, supporting communities at risk, and encouraging legislative reform and regulatory system development.
Internationale Raiffeisen-Union (IRU): A worldwide voluntary association of national cooperative organisations, based on the principles of Friedrich Wilhelm Raiffeisen, the founder and pioneer of the worldwide cooperative movement. IRU principles include self-help, self-responsibility and self-administration. More than 900,000 cooperatives with an estimated 500 million members in over 100 countries are now working according to Friedrich Wilhelm Raiffeisen's principles.
Financial Sector Deepening (FSD Kenya): Was established to support the development of financial markets in Kenya as a means to stimulate wealth creation and reduce poverty. It operates as an independent trust under the supervision of professional trustees, with policy guidance from a programme investment committee. Finance is provided by a number of development partners working with the Government of Kenya. Current donors include the UK’s Department for International Development (DFID) the Ministry of Trade and Industry, World Bank and SIDA (Swedish International Development Agency).
Institute of Directors Kenya (IOD): is a non-political professional organisation of individual corporate directors and senior managers committed to the professional practice of corporate directorship in Kenya.

Other Partners

 




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