KNUT Encourages Teachers to Join Saccos for Financial Stability.
The Kenya National Union of Teachers (KNUT) second National Vice Chairman, Aggrey Namisi, has emphasized the need for teachers to adopt a savings culture by joining Saccos as a means of securing their financial future.
Speaking during a thanksgiving ceremony for Bungoma East Executive Secretary Robert Mandillah in Webuye East sub-county, he urged educators to make financial well-being a priority.
He pointed out that many teachers face financial instability due to poor saving habits and excessive dependence on loans. He stressed that Saccos play a vital role in providing economic empowerment by offering financial security, affordable credit, and investment opportunities. He urged teachers to take charge of their financial future by committing to a culture of saving.
“We must develop a habit of saving. Saccos offers teachers financial security, affordable credit, and investment opportunities. It is time we take control of our financial future,” Namisi said.
During his address, Namisi reiterated the need for teachers to embrace Saccos to reduce financial vulnerability, particularly with the increasing cost of living. He encouraged educators to utilize these financial cooperatives as a safeguard against economic hardship.
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The event drew a distinguished audience, including high-ranking KNUT officials at the national, regional, and local levels. Political leaders, opinion leaders, clan elders, friends, relatives, and members of the local community were also present, showcasing strong support for Mandillah.
By reinforcing the importance of financial discipline, Namisi highlighted the necessity for teachers to make sound financial choices to secure their future and reduce reliance on costly loans.
KNUT Encourages Teachers to Join Saccos for Financial Stability.
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