BOSA: the main activity in this department is loaning. The loans granted in this department are secured by guarantors. According to the report, the loan portfolio rose from Sh1.6bn in 2019 to Sh1.8bn in 2020. At the same time, TSC checkoff rose from sh28m to sh29m last year FOSA: this department has the most patronised products. Loans are processed fast to help members in their urgent financial needs.
However, due to Covid 19, there has been a slight drop in loans disbursed in 2020 compared to 2019. BOOKSHOP: The activity is facing challenges due to government policy in direct supply to schools which calls for a need to diversify the products in this department. MICROCREDIT: This department is highly utilised by business people and farmers. ICT: The department is adapting to technological challenges and new methods within the financial sector and banking. The department is currently carrying out a pilot testing on Pesa Pepe app which is expected to be more efficient, faster and reliable. This will be rolled out after all key requirements have been sorted out. Captions: 1. Qwetu Sacco chairman Mr Alfred Mlolwa addressing delegates during the ADM at Vacani hotel 2. Sacco CEO Mr Charles Kaba and chairperson Supervisory committee Violet Nyambu. 3. Delegates follow proceedings during the ADM