Employee Sacco Recieving Rosy Support From Oserian

Aug. 22, 2011 - PRLog -- As the world celebrated its 17th  UN International Day of Cooperatives in July 2011, back home Oserian’s Sacco was being awarded during the country’s 2011 edition of the Co-operative Day Celebration.

The Sacco emerged winner with top honors, scooping an award for the best managed society Naivasha District Award. This saw the Sacco retain the trophy for being able to maintain this status for the last four years.

Started in 1984, the Sacco was as a result of Oserian employee’s realization that through pooling together, they could get to receive loans from the Sacco.

Members of the Oserian Sacco have access to substantial loans through the Sacco’s partnerships with Oserian-Fairtrade, Kenya union of Savings & Credit Co-operative Ltd (KUSSCO), which offers education and training to the members and the Corporative Bank, which is the Sacco’s main banker. The Sacco has over 3,000 members and members’ current deposit stands at 208 million.

Having recently renewed its 3rd Collective Bargain Agreement with Kenya Plantation and Agricultural Union that ensures the company commits itself to the welfare of its employees; Oserian has supported the Sacco by encouraging its employees to join, assisting in recovery of loans and by facilitating the check-off system on employees’ salaries. An array of loan facilities are made available, which include development, domestic, school fees and emergency loans.

As Kenya strives to realize the 3 pillars of the country’s Vision 2030- Economic, Social and Political, Oserian workers are well on their way to making the ‘Social Pillar’ a reality since Oserian has created a just and cohesive society that enables them enjoy equitable social development in a clear and secure environment.

For further details visit:
Website - http://www.oserian.com
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LinkedIn - http://ke.linkedin.com/in/oseriandevltd
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Oserian is the largest and most technically advanced production facility of flowers in Kenya, producing year round consistent quality flower products with a strong track record in sustainable, Fair trade farming and environmental conservation.