Savings and Deposits,
Holiday Savings,Fixed Deposits and Mzinga Junior Accounts,Members Welfare Fund.
Members assembled for their Annual Delegates Meeting Held in Eldama Ravine.
H.E The Governor Baringo County officiated the launch of FOSA Chemolingot.
Boresha Members of staff attend in-house training in Eldama Ravine facilitated by Co-op Consultancy.
Boresha Sacco shines at Baringo county ASK show 2015.
Delegates follow speech delivered by invited Guests during 2016 ADM.
A visit by Co-operative College Students from Nairobi on academic tour.
Boresha Sacco Kapsabet Branch, Nandi County situated along Kapsabet Chavakali Road.
Boresha Society Ltd is a Financial Institution licensed for Deposit Taking business by Sacco Societies Regulatory Authority (SASRA). We are among the top performing SACCOs in the country with a solid capital base of 4 Billion. The Society was registered on 31st August 1976 by 10 Members with initial share Capital of 60,000. Today the growing Membership stands at 60,000 with Members Savings/Deposits of Ksh. 2.2 Billion. The Society�s area of operation is the Republic of Kenya with a Base in Baringo County in the Rift Valley Region. Head Office is Situated in Teachers Plaza , Eldama Ravine, Koibatek Sub County. The Head Office is central in coordinating the Branch network in Baringo County and beyond. Boresha has established vibrant Branches in Nakuru, one of the fast growing city in Africa to serve the Central Rift, Eldoret to serve Uasin-Gishu and Kapsabet to serve Members in Nandi County. Boresha SACCO rebranded from Baringo Teachers Sacco Society limited in 2012 so that Members, Clients and Partners Nationally and Internationally could effectively be served without the limitation by name and geographical location. Teachers are the pioneer Members of the Society and form a large percentage of the Salaried Members served by the SACCO. Members contributed Equity shares to put up two magnificent buildings woth Ksh. 261 Million at the Head Office -Teachers Plaza in Eldama Ravine, Koibatek Sub-county and Mwalimu Plaza in Kabarnet town, Baringo County�s headquarters that house Kabarnet Branch office.
Vision:Empower Community with Financial Stability.
Mission:To Mobilize Members and Savings,then provide quality,Competitive and Market driven financial products and Services using appropriate Technology.
MottoUnited We Prosper.
Spirit"Save Regularly, Borrow Wisely and Repay Promptly."
Micro-credit Activity - Micro-credit was started in 2003 and launched in 2004 at Marigat with the Key Objectives of Mobilizing Savings and Resources. To eradicate Poverty by availing affordable Credit for production and financial stability by empowering the Community. Micro credit Activity targets Low and medium income earners in the community. It is focused at giving opportunity to small-scale business persons and farmers to access savings and credit facilities. � Enhance business potential, growth and development. � To economically empower the community to be self reliant. � To promote Youth and Women to prosper � To promote crops and business value addition Since inception Micro-credit Activity has grown steadily in terms of client base, savings and loan portfolio. As at September 2015, there were 1,224 groups with total number of clients 26,987. Total loan balance outstanding Kshs.484.2 Million. Micro Savings/Deposits was Kshs.207.5 Million.
In its desire to further boost its capital reserves, the Society is on a serious campaign of selling more shares to Members and New Members. This crusade has yielded more fruits as Members are subscribing to the offer in big numbers. The Sacco is currently conducting a Share Drive with a target of raising Ksh 500 Million. Each Share is offered at only Ksh. 100. Through the Share offer, the SACCO would be in a strong position to finance growth strategy and introduction of more products and services..
Boresha Sacco scooped a bundle of awards in form of trophies and certificates for sterling performance in various categories during the 93Rd International Co-operatives Day celebrated across the country on July. 2015.
The SACCO registered Boresha Community Foundation (Limited by Guarantee) for greater impact in the Community through Corporate Social Responsibility. The foundation is a channel through which the SACCO and Partners can organize volunteers to address emerging needy cases within the Community. We have sponsored needy bright students to Universities and rewarded best performers, both Students and Teachers.The Foundation is dedicated towards giving back to the society. In its corporate citizenry responsibilities, the SACCO has sponsored needy bright students to universities and rewarded best performers in the Education Sector in particular students and teachers. Through the foundation, we are determined to extend its support to reach out to many needy cases in the regions it has made presence in the near future.
The SACCO delegates held a special Delegates Meeting at the head office Teachers Plaza Eldama Ravine.