| Sacco leaves an indelible mark in the education sector. Â |
By Co-op News Kenya National Police DT Sacco has continued to support the education sector through elaborate Corporate Social Responsibility (CSR) programs.  Speaking recently during the commissioning and handing over a block of nine classrooms and Computer Laboratory at Utumishi Girls Academy-Gilgil, the Sacco National Chairman David Sohelo Mategwa said they would continue empowering society for prosperity.  The Sacco played a significant role in establishing the premier girls’ school that is expected to shine academically, just like Utumish Boys Academy.  Mr Mategwa, who was accompanied by Vice-chairman David Kangogo, Board of Directors, and Senior Management team, noted that the Sacco is deeply concerned with community welfare. For over 50 years, he noted that Kenya National Police DT Sacco has been empowering members, including sponsoring needy and bright students to achieve their education dreams to the highest level.  Utumshi Girls Academy, a school located in the beautiful Gilgil hilly landscape about three kilometers off-Gilgil-Nyahururu road, is the epitome of excellence thanks to modern structures put up by the Sacco. Like the boys’ Academy, which year after year it has continued to post exemplary results, the girls’ school is expected to be a centre of excellence in academic and co-curricular activities. Green manicured lawns, trees, and flowers complimented with modern buildings make the school contrast to its location, which is dry owing to drought. Utumishi Academy, which the Kenya National Police DT Sacco broadly supports, has defied odds. Its achievements in refining young minds to produce the best out of them. The majority of the school’s students are from public primary schools, but despite their modest Kenya Certificate of Primary Education (KCPE) marks, the school posts sterling Kenya Certificate of Secondary Education (KCSE) results. Its history is rich with successes and stands tall among the best schools in Kenya. Kenya National Police DT Sacco recently donated to laptops to the Academy that will go a long way in promoting quality education in a world moved by technology. Under its Corporate Social Investment programmes, Kenya National Police DT Sacco has continually supported bright and needy children of deceased former members’ access to education up to the university level. “Our goal is to empower our members for prosperity, change community welfare by offering services and products that address challenges,” said Mr Mategwa. In line with the education and training pillar, the Sacco recently conducted a series of training forums across all its branches countrywide. “Information Is power we continuously provide education to our membership as part of principle of co-operatives in order to create awareness and empower,” said Mr Mategwa.  He said the Sacco empowers members for quality life by providing them with diversified, reliable, accessible, and affordable financial products and services. The Sacco also conducted regional Top Savers Seminars under the theme “accelerate your savings and build wealth.” With over 1,000 millionaire members, Kenya National Police DT Sacco is betting on increased financial and investments training for its members and using them as ambassadors in a recruitment drive to net at least 7 000 new members by June next year, when it will celebrate its Golden Jubilee. “The Sacco will use the top 100 members as ambassadors to recruit new members in their respective regions,” said Mr Mategwa. Recently the Sacco got high score GCR ratings, with its national scale issuer ranking upgraded to BBB+(KE) /A2(KE) from BBB(KE) /A3(KE), with a positive outlook. According to the Global Credit Rating (GRC) agency, the exemplary ratings on Kenya National Police DT Sacco reflected its favourable asset quality relative to financial sector peers, good capital, leverage, and sound funding and liquidity. Kenya National Police DT Sacco, the country’s third-largest deposit-taking Co-operative Society, has over 60,000 members and an asset base of over Ksh 39 billion. The DT Sacco recently emerged the winner of the 2020 Fire Awards, Sacco category, maintaining its dominance as the top and well-managed co-operative in the country.  “The Board of Directors, Management, and Staff owe this award to you all, our members! Thank you for choosing us as the most preferred Financial Services Provider. Together, We are united for prosperity,” said the Sacco in a message sent to its members countrywide.  In the past, Sacco has been recognized for its digital transformation innovation that has ensured most of its services are available online. It scooped an incredible Gold award in the CIO 100 Annual Awards Competition for excellence in enterprise information and technology adoption in the Sacco sub-sector.     Benefits of membership: Low-interest rates on loans instant, M-Tawi FOSA loans Affordable, owing property with Investment Co-operative, High annual dividends and interest on deposits, and Loan clearance on behalf of members.                                |
