President William Ruto leads the official unveiling of Shirikiana Sacco in Kakamega at Masinde Muliro University during the launch event attended by senior government officials and local leaders on Saturday, June 13, 2026/PCSPresident William Ruto on Saturday presided over the official launch of Shirikiana Sacco at Masinde Muliro University in Kakamega County.
The ceremony brought together top national and Western Kenya leaders in a renewed push to strengthen the cooperative sector.
The Head of State was joined by Prime Cabinet Secretary Musalia Mudavadi, National Assembly Speaker Moses Wetang’ula, and other leaders from the Western region, as the government unveiled the initiative, being positioned as a major savings and credit movement aimed at deepening financial inclusion.
Leaders and guests witness the official launch of Shirikiana Sacco at Masinde Muliro University in Kakamega/PCS
National Assembly Speaker Moses Wetangula, alongside Kakamega Governor Ferdinand Barasa and other guests witness the official launch of Shirikiana Sacco/PCS
President William Ruto leads the official unveiling of Shirikiana Sacco in Kakamega at Masinde Muliro University during the launch event attended by senior government officials and local leaders on Saturday, June 13, 2026/PCSSpeaking during the launch, President Ruto said the initiative marked a significant milestone in the country’s cooperative movement, expressing confidence that it could grow into a major financial institution over time.
“Today marks history. There is a time it will be written when Shirikiana Sacco will be the largest bank in our country,” he said.
The President emphasised that the Sacco model remains one of the most effective tools for economic transformation, noting that pooling resources at the community level can unlock significant opportunities for wealth creation.
He described Shirikiana Sacco as a people-centred initiative that gives ordinary citizens a structured platform to save, borrow, invest, and build long-term financial stability for themselves and their families.
“Shirikiana Sacco is a platform through which ordinary citizens can organise their savings, access affordable credit, build enterprises, create opportunities and build lasting wealth for themselves and their families,” he said.
Ruto also commended Cooperatives CS Wycliffe Oparanya for what he termed as ongoing reforms in the cooperative sector, adding that the government was committed to strengthening institutions that support financial inclusion and grassroots development.
The event also featured calls from senior leaders for broader political and institutional support for the Sacco movement.
Speaker Moses Wetang’ula urged leaders across the political divide to consider joining the Sacco as a way of strengthening its financial base and supporting its growth.
“I urge our President, Oparanya, all MPs, to enter, I also will enter… so that we can raise funds that will help the citizens,” Wetang’ula said.
Leaders and guests witness the official launch of Shirikiana Sacco at Masinde Muliro University in Kakamega/PCS
Leaders and guests witness the official launch of Shirikiana Sacco at Masinde Muliro University in Kakamega/PCS
Leaders and guests witness the official launch of Shirikiana Sacco at Masinde Muliro University in Kakamega/PCS
President William Ruto leads the official unveiling of Shirikiana Sacco in Kakamega at Masinde Muliro University during the launch event attended by senior government officials and local leaders on Saturday, June 13, 2026/PCS
