Who We Are?
COMOCO Sacco Society Ltd was started in June 1977 by employees of C.M.C Motors Ltd. And to date, it is 43 years of age. The Sacco has grown over the years with the following companies coming on board on check off Car and General Ltd, Rosewood office systems Tononoka Steel Ltd, Bavaria Auto Ltd, Corporate Insurance Ltd, Stantech Motors Ltd, CMC Aviation, KIRDI, Pipe Manufac hirers Ltd, Automotive Solutions Ltd. Badges Ltd, Armaco Ltd, Skynet Ltd, SMEC International Ltd, Aquimist Ltd. Chemigas Ltd. Dalex Ltd, Imperial Bank Ltd, Relanko Ltd, Avis Ltd Space & Style Ltd, Roy Transmotors Ltd Choda Ltd Savuka Tours Ltd Odd Mac Ltd amongst others.
Comoco Sacco has three departments namely: BOSO, FOSO and Micro Saver.
Branches
COMOCO has branches in Mombasa, Kisumu, Nakuru, Kitale, Nanyuki, Meru, Thika and lastly Homabay Satellite offices are in Kakamega, Kapsabet, Migori, Sori and one will be opened at Oyugis.
SACCO Clientele
The membership and customers as at Jan 2021 totals to 12,698 and has saving deposits of Kshs. 447,115,736.00. COMOCO has as at 1st Jan 2021 disbursed loans amounting to Kshs. 661,094,123.00.
Vision
Mission
Slogan
DEPARTMENTS:
The Sacco has three departments:-
1. COMMON BOND:
These are parent companies like:-
- C.M.C Holdings Ltd
- SimbaCorporation Ltd
- Car & General Ltd
- NISSAN Kenya Ltd
- Corporate Insurance Company Ltd e.t.c
2. FOSO
This is a banking section established in the year 1999 to enable our members/customers access:
- Banking services
- Savings deposits
- Credit Lending
- M-Sacco Money transfer
3. MICROSAVER:
Microsaver department was formed in the year 2006 to open COMOCO Sacco Common Bond and also to provide financial services to small and medium entrepreneurs so as to alleviate poverty in Kenya.
The purpose of our visit Mr Governor is to partner with your Government to uplift the standard of living for the residents in Homabay.
We have groups in quite a number of trading centres in Kendu Bay, RodiKopany, Nthiwa, Nyandiwa, Homa Bay to mention a few.
The reason why we are asking for partnership is how we can channel women fund, Uwezo funds and Youth Fund to the residents of your County.
We have a history for partnering with the then Ministry of Gender, Children and Social Development in the year 2013. Please see attached.
Also through partnering, we shall train the loanees how to use borrowed funds.
