• Latest
  • All
  • How To
Epreneurs Sacco

Leveraging Online Opportunities to Spur Entrepreneurship: The E-Preneurs Sacco’s Story

July 17, 2018
Microsoft AI for Good Lab tool GIRAFFE

How Microsoft’s AI for Good Lab Is Helping Save Giraffes from Extinction

June 20, 2025
itel City 100

Gen Z Get a New Budget AI Smartphone With the itel City 100

June 20, 2025
digital-tv-standards-kenya

Kenya Sets New Rules for Digital TVs Starting Next Month

June 19, 2025
Kenya's Government Censors X for Global Image

Abductions and Arrests! Kenyan Government’s Fear and Hate of X Users Makes No Sense

June 19, 2025
DHgate Tablet Cases deals
drones-healthcare-delivery

Rural Kenya Is Turning to Drones to Speed Up Healthcare Delivery

June 18, 2025
TikTok

TikTok Could Go Dark (Again) in the U.S. This Week

June 17, 2025
whatsapp meta ads

Meta Officially Brings Ads to WhatsApp

June 17, 2025
Infinix Smart 10 HD

Infinix Launches the Smart 10 Series Lineup

June 16, 2025
Infinix Hot 60 Pro+

Infinix Wants to Fit a 5,160 mAh Battery in the Slim Hot 60 Pro+ Frame

June 16, 2025
Aigov

U.S. Plans to Launch AI Hub for Government Agencies

June 16, 2025
multichoice-dstv-showmax

Multichoice Subscriber Numbers Drop by 15% As Kenyans Cut Back on Spending

June 16, 2025
Huawei-Watch

Huawei Surpasses Apple to Lead Global Wearables Market

June 12, 2025
Techweez | Tech News, Reviews, Deals, Tips and How To
  • News
  • Entertainment
  • Reviews
  • Features
  • Editorial
No Result
View All Result
Techweez | Tech News, Reviews, Deals, Tips and How To
  • News
  • Entertainment
  • Reviews
  • Features
  • Editorial
No Result
View All Result
Techweez | Tech News, Reviews, Deals, Tips and How To
No Result
View All Result

Leveraging Online Opportunities to Spur Entrepreneurship: The E-Preneurs Sacco’s Story

Kenn Abuya by Kenn Abuya
July 17, 2018
in Features
Reading Time: 3 mins read
259
2
Epreneurs Sacco

(L to R) E-Preneurs Chairperson Mr. Samuel Mugweru and Vice-Chair Ms. Mary Kimani

Epreneurs SaccoThe growth of online opportunities has seen a notable development in the local scene, where people from all walks of life, especially the youth, have tapped into the opportunities offered by the Internet. It is a known avenue that is popular in the private sector based on multiple programs that are tailor-made to benefit young people who have taken advantage of such programs to put food on their table and pay bills. In line with this landscape is the need to mentor and guide that demographic to catapult their goals to higher heights.

The manifestation of that guidance gave birth to E-Prenuers Sacco, which, in essence, is an initiative that primarily focuses on networking, training and mentoring entrepreneurs to leverage online opportunities.

We managed to have a talk with the sacco’s Chairman Mr. Sam Mugweru who shed a lot of light of what the institution does, its motivations and long-term plans.

Brief History

The idea of the Sacco, which has since been fully registered, was conceptualized in 2017. Mr. Sam says that he has been in the Internet business for almost a decade, and in that time, most of his clients were based outside the country. With his group, he realized that his services could be more helpful to locals working online as freelancers, as well as providing opportunities to the jobless and start-up entrepreneurs that have an idea of making an income but have no access to funds or knowledge to actualize their trade, particularly in Internet-based ventures.

The Sacco launched its full-registered operations in February 2018, and as of July 2018, it has managed to register more than 150 members who receive training, mentorship and can make savings (the spirit of saving is echoed in groups such as 52-Week Savings Challenge – 2018! that is quite popular in Facebook) or have access to loans to pursue their goals.

According to Sam, the idea to come up with the Sacco was handy since the institution has the capabilities of offering support to entrepreneurs in an efficient and organized manner while significantly cutting the cost of running physical stores.

The Uniqueness of E-Preneurs

Admittedly, the operation of any Sacco has been limited to motivating clients to make savings and secure loans. Not to be as generic as such businesses, E-Preneurs takes it a step further by training young people, mentoring and giving them financial support to pursue their idea. By doing so, E-Preneurs believes it stands a better chance of being the only initiative that provides the mentioned services. Furthermore, the Sacco argues that it has made the process of starting an online business easier than traditional models that could be complicated.

E-Preneurs Potential and Signing Up

To recap, E-Preneurs Sacco purposes to benefit members by offering savings, loans, networking, training, imports and e-commerce services. This is a comprehensive list of services that has been put in place as the Sacco understands the challenges faced by modern-day entrepreneurs.

To become a member, one is required to pay a registration fee of Kes 2,000, plus an addition Kes 4,000 for share capital. Members will then earn dividends and interest from the cooperative society, hence they will recoup their funds back.

Progressively, the Sacco plans to launch other customer-friendly products for upcoming entrepreneurs. Some of the products in the pipeline include an e-commerce platform where members will list their products and services.

E-Preneurs will be launching an online campaign dubbed #MtandaoNdioNoti, which loosely translates to ‘the best opportunities today lie online.’ By doing so, the cooperative society looks forward to netting more members who believe in its offerings, and by extension, leverage the power of the internet to broadcast its services to more ears.

Future prospects

In the next one year, E-Preneurs aims to register between 700 to 1000 members. It also looks forward to making partnerships with internet-based companies to raise product consumption by driving more people online; ISPs by adding value to internet usage and increasing uptake, hence, a partnership with such companies would be beneficial.

Also, E-Preneurs hopes to digitize its loan application process for members, which still relies on traditional banking services for the time being.

Further details can be accessed on the Sacco’s website, or you can pay them a visit at Ruiru’s Spur Mall.

SendShare147Tweet92
Kenn Abuya

Kenn Abuya

Kenn Abuya is a friend of technology, with bias in enterprise and mobile tech. Share your thoughts, tips and hate mail at [email protected]

Related Posts

Microsoft AI for Good Lab tool GIRAFFE

How Microsoft’s AI for Good Lab Is Helping Save Giraffes from Extinction

June 20, 2025
itel City 100

Gen Z Get a New Budget AI Smartphone With the itel City 100

June 20, 2025
digital-tv-standards-kenya

Kenya Sets New Rules for Digital TVs Starting Next Month

June 19, 2025
Kenya's Government Censors X for Global Image

Abductions and Arrests! Kenyan Government’s Fear and Hate of X Users Makes No Sense

June 19, 2025
drones-healthcare-delivery

Rural Kenya Is Turning to Drones to Speed Up Healthcare Delivery

June 18, 2025
TikTok

TikTok Could Go Dark (Again) in the U.S. This Week

June 17, 2025

Latest

Microsoft AI for Good Lab tool GIRAFFE

How Microsoft’s AI for Good Lab Is Helping Save Giraffes from Extinction

June 20, 2025
itel City 100

Gen Z Get a New Budget AI Smartphone With the itel City 100

June 20, 2025
digital-tv-standards-kenya

Kenya Sets New Rules for Digital TVs Starting Next Month

June 19, 2025
Kenya's Government Censors X for Global Image

Abductions and Arrests! Kenyan Government’s Fear and Hate of X Users Makes No Sense

June 19, 2025
drones-healthcare-delivery

Rural Kenya Is Turning to Drones to Speed Up Healthcare Delivery

June 18, 2025
TikTok

TikTok Could Go Dark (Again) in the U.S. This Week

June 17, 2025

Best devices

budget smartwatches 2025

Best Budget Smartwatches To Buy in Kenya 2025

February 13, 2025

Best Infinix Smartphones To Buy in Kenya 2024

February 13, 2025

Best Laptops for Battery Life in 2024

August 21, 2024

Best “Battery Warrior” Smartphones To Buy in 2024

August 22, 2024

How Microsoft’s AI for Good Lab Is Helping Save Giraffes from Extinction

June 20, 2025

Gen Z Get a New Budget AI Smartphone With the itel City 100

June 20, 2025

Techweez is a fast growing influential source of technology news, reviews and analysis by leading tech geeks in the industry.

Follow Us

Editorials

Abductions and Arrests! Kenyan Government’s Fear and Hate of X Users Makes No Sense

Actors and Film Crews Are Worried About Veo 3 Taking Their Jobs

Samsung QLED TVs Now Officially Certified for Real Quantum Dot Technology

Trump’s Tariffs Will Be the End of Affordable Tech

5 Ways to Prep Your Tech for Resale

The Weaponization of PDFs: How Cybercriminals Are Exploiting a Trusted Format

More News

Meta Officially Brings Ads to WhatsApp

Infinix Launches the Smart 10 Series Lineup

Infinix Wants to Fit a 5,160 mAh Battery in the Slim Hot 60 Pro+ Frame

U.S. Plans to Launch AI Hub for Government Agencies

Multichoice Subscriber Numbers Drop by 15% As Kenyans Cut Back on Spending

Huawei Surpasses Apple to Lead Global Wearables Market

  • Terms Of Use
  • Techweez Brand
  • Privacy & Policy
  • Contact Us

© 2024 Techweez - Palahala Media Group may earn a commission when you buy through links on our sites.
A Palahala Media Group Brand. All rights reserved.
.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Techweez | Tech News, Reviews, Deals, Tips and How To
Crunchy Cookies 🍪 Ahead!

Hey there! Just a heads-up: we're big fans of cookies - both the digital and edible kind! 🍪 We use our cookies and some from third parties to ensure your browsing experience on our site is smooth sailing and secure.

 

But wait, there's more! We also use cookies to gather stats and insights on how you navigate our site. It's like getting a behind-the-scenes peek at your digital adventures!

 

Don't worry, you're in control. You can adjust your cookie settings anytime to suit your preferences. Feeling curious? Dive into our Privacy Policy for all the juicy details. Happy browsing! 🚀

Functional Always active
Listen, this legal stuff is about as exciting as watching paint dry. But it basically says we only use your stuff for what you asked us to do, and nobody else gets to peek!
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
It's those sneaky cookie crumbs websites leave behind to count visitors, like counting ants at a picnic! Totally harmless, just for fun facts. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
Hey there! Just letting you know we use some fancy gizmos to remember your preferences. This way, we can show you ads that are, well, not completely bananas.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Make cookies
{title} {title} {title}
Techweez | Tech News, Reviews, Deals, Tips and How To
Crunchy Cookies 🍪 Ahead!
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
Listen, this legal stuff is about as exciting as watching paint dry. But it basically says we only use your stuff for what you asked us to do, and nobody else gets to peek!
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
It's those sneaky cookie crumbs websites leave behind to count visitors, like counting ants at a picnic! Totally harmless, just for fun facts. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
Hey there! Just letting you know we use some fancy gizmos to remember your preferences. This way, we can show you ads that are, well, not completely bananas.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Make cookies
{title} {title} {title}
No Result
View All Result
  • News
  • Reviews
  • Features
  • Editorial
  • Automotive
  • Entertainment

© 2024 Techweez - Palahala Media Group may earn a commission when you buy through links on our sites.
A Palahala Media Group Brand. All rights reserved.
.