20.9 C
Nairobi
Thursday, November 21, 2024
20.9 C
Nairobi
Thursday, November 21, 2024

Boresha Sacco CEO receives Presidential Award for excellence

Boresha CEO honoured for exceptional leadership and innovation.

Boresha Deposit Taking Sacco’s Chief Executive Officer, Mr Jacob Mengich, has been awarded a Head of State Commendation (HSC) for his outstanding service during the 60th Jamhuri Day celebrations by President William Ruto. This is a testament to his hard work and dedication towards the Cooperative Movement, having joined Boresha Sacco 30 years ago and risen to the top through hard work and dedication.

A distinguished individual, Mr Mengich is ready to leave an indelible mark in the cooperative sector by transforming members’ livelihoods.

Boresha Sacco is a fast-growing financial Cooperative and a top-ranking Tier One DT Sacco in Kenya, with an asset portfolio exceeding Ksh11 billion and over 80,000 members. It has tremendously grown in leaps and bounds since its establishment in 1976.

“We exist to economically and socially empower our members through savings mobilization and provision of quality and affordable financial services,” states Mr Mengich.

The Sacco has registered stellar financial growth over the years, translating to high returns on members’ investments. Last year, members received a total payment of over Ksh505.1 million as dividends on share capital at a rate of 13%, rebates on members’ deposits at 10%, and bonuses on equity shares at nine per cent for the financial year 2022.

Boresha Sacco has leveraged technology to mobilize funds and provide affordable credit facilities to members, reaching unbanked community members across the country while greatly succeeding in mobilizing deposits and savings from members.

The Society has 19 branches and has spread its wings to over six counties in Kenya, including Baringo, Uasin-Gishu, Nakuru, Nandi, Laikipia, Elgeyo-Marakwet, and Trans-Nzoia. For over 47 years, Boresha Sacco has remained committed to being a Financial Provider of Choice by mobilizing savings and providing quality, affordable, and innovative financial solutions to its members. The Sacco is driven by the spirit of United We Prosper ~ Pamoja Twastawi.

BORESHA DT SACCO E-CHANNELS

  • M-Boresha Mobile Banking

Withdraw, Borrow, Deposit & Pay Loans

  • Inter account transfer 
  • Paybill 545500 

(Business and School Fees Accounts – Deposits is free)

  • ATM SACCO Link Card
  • Member Recruitment App 
  • Members Portal and Xmobi 

www.boreshasacco.co.ke

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