TEMBO SACCO PARTICIPATES ANNUALLY IN USHIRIKA DAY (INTERNATIONAL COOPERATIVE DAY) AWARDS
The most improved award was arrived at as a combination of all the growth parameters which includes; membership, capital, deposits, loans, assets and income with different weighting allocated on the various parameters. Some of the factors that made Tembo to be awarded were as follows:
When it comes to management the aspect of planning, organizing, staffing, leading and controlling are all taken into consideration at Tembo Sacco. The Ushirika Award base this category by looking at how the SACCO has used the management principles holistically in governance of short, middle and long-term strategies for the organization. This include amongst others the following broad categories: Capitalization, Savings management, Credit management, Efficiency, Risk Management, Investments and Technology optimization.
We live in a world where the use of Technology has boomed tremendously within the past 10 years and has taken over various industries and workplaces. Tembo Sacco has not been left behind in actualizing the use of technology. The systems, structure, policies, processes, people and infrastructures in Tembo Sacco are usedoptimally to achieve this competitive edge.Read More
Tembo Sacco was awarded the most efficient employer based Sacco under tier 2. The Sacco draws its main membership from East African Breweries Limited and its contractors. Although the Sacco has open membership to any prospective members willing to join.
Tembo Sacco values efficiency by ensuring members funds are invested in income generating ventures to assure returns on investments.Read More
Growth in deposits as well as average deposits per member was considered in this category. Factors that have encouraged members to save more are high returns and good management of the Sacco among other. Member are also able to access their information online through the web portal. They can check balances and statements. Tembo has also been living up to its core values which include integrity and professionalism, equality, Innovation, Passion, Accountability and Efficiency hence providing quality service to its members.