How 2NK Sacco Plans To Enhance Service Delivery Amidst Stiff Competition

2NK Sacco chairman James Kahiro and Nyeri County governor Mutahi Kahiga join Sacco's workers during the opening of its banking agency in Karatina three months ago.

By Charles Kinyua

Premier Public Service Sacco, 2NK, has projected to enhance service delivery.

During an Annual General Meeting held at the ACK Hall in Nyeri town, the members unanimously resolved to open Agency Banking outlets in major town stages they operate from.

The agencies will be in Nairobi, Thika, Nakuru, Embu and Mukurweini and will ease access of services to members.

The members also resolved to cap ownership of vehicles by individual members to a maximum of five while at the same time edging out old models christened L5 by end of the year.

The society’s  chairman James Kahiro had in his report proposed, “that each membership, at any time have a maximum of any five vehicles in the sacco fleet”, which was unanimously  resolved.

The transport service provider that plies it’s trade between Nairobi, Mombasa, Nyeri, Nakuru,Thika, Embu, Nyahururu, Eldoret and Nanyuki among  other towns. It also owns a petrol station, sacco vans, an insurance agency as well as a courier subsidiary.

According to the treasurer Reuben Wanjau Ndonga, the service provider projects raise Ksh136,888,000 in their next financial year from their core business and a further Ksh10,636,545 that will culminate in a surplus of Ksh99,171,098 before tax.

The sacco courier segments projected to raise Ksh98m against an expenditure of Ksh95.5m leaving a surplus of Ksh3.4m while their insurance agency is projected to get a surplus of Ksh 480,000 from a gross income of Ksh11.8m.

Vehicles owned by the sacco are projected to raise Ksh 23.1m against an expenditure of Ksh 17.6m leaving a surplus of Ksh5.5 even as they project to tap into the Mombasa-Nairobi route.

Members also approved the purchase of a new van to ply the route at a cost of Ksh 6.5m.

By The Mount Kenya Times

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