Co-operative societies have huge potential to grow our economy

Members of Mutheka Farmers Co-operative Society in Nyeri County follow proceeding during the 11th AGM at Ruringu recently. The Co-operatives have huge potential to help the Government meet Vision 2030 targets. [PHOTO KIBATA KIHU/STANDARD]

The Government should be commended for waking up to the reality that the co-operative movement has the potential to fund huge projects.

Hopefully, this recognition—borne out of the realisation that the sector has mobilised Sh460 billion in member deposits and is expected to reach Sh800 billion over the next eight years—will lead the government to do a better job of safeguarding the members’ interests.