Cooperative households to benefit from covid-19 aid - News Summed Up

Cooperative households to benefit from covid-19 aid


Principal Secretary Cooperative, Mr. Noor issuing co-op kit to an affected Cooperator at a recent event (PHOTO; Courtesy)NAIROBI, KENYA: The Co-operative Coronavirus Response Committee (CCRC) plans to raise Sh1 billion through a partnership with Kenya Diaspora Alliance (KDA) to support cooperative households affected by the coronavirus pandemic. The CCRC initiative through support from the sector intends to raise Sh1 billion to support 500,000 co-operative households directly affected by the pandemic through loss of income. “A calamity of this magnitude is unprecedented in the co-operative sector in Kenya. The Co-operative Coronavirus Response Committee is an initiative of Kenya’s cooperative sector founded on the co-operative fifth principle of education, information and training, and the 7th principle (concern for the community), today announced that it has partnered with the Kenya Diaspora Alliance (KDA). The CCRC initiative is spearheaded by State Department for Co-operatives; Co-operative Alliance of Kenya (CAK); Co-operative Bank of Kenya; Kenya Union of Savings and Credit Cooperatives (KUSCCO); National Housing Co-operative Union (NACHU); Cooperative University of Kenya; CIC Group and other development partners like Global Communities.


Source: Standard Digital July 17, 2020 08:37 UTC



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