Kaiti bodaboda Saccos get Ksh2.5m, urged to invest wisely
Bodaboda Sacco groups in Kaiti, Kenya, have received Ksh2.5 million in government empowerment funds. Leaders are urging the groups to invest the capital in profitable, sustainable projects rather than high-risk ventures.
Why it matters
This highlights local economic development initiatives aimed at empowering youth and informal transport sectors through government-backed financial support.
Leaders have called on bodaboda Saccos in Kaiti constituency, Makueni County, to invest the Ksh2.5 million disbursed under a government empowerment initiative prudently, urging members to back projects with sound profit potential.
The funds benefited 1,200 riders across Saccos in Mukuyuni ward, Kaiti constituency, who were first sensitised on how to organise themselves and avoid projects likely to fail them.
“Today we are here after we held a funds drive weeks ago at Akatch Stadium in Kyambeke, Kaiti constituency, to bring back your money. We call upon the leaders of different Saccos to take time and invest in projects worth investing in, with good profits,” said Stephen Ndolo, one of the national leaders.
Ndolo added that Ksh2.5 million was issued to different Sacco groups in Kaiti constituency, with Mukuyuni Self-Help Group receiving the highest amount at Ksh449,000.
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