JUDITH MUNORU: A DECADE-LONG JOURNEY OF GROWTH WITH MENTOR SACCO

Judith Munoru has been a dedicated member of Mentor Sacco for over thirteen  years. As she steps into her fourteenth  year, she remains confident that she has made the right choice. Reflecting on her journey, she describes Mentor Sacco as “the  Sacco  of choice for   all forward looking individuals,” attributing much of her financial growth and stability to the culture of savings  that the institution has instilled in her.

Judith credits Mentor Sacco with teaching her the discipline of consistent saving, a practice that has enabled her to enjoy promising and consistent dividends. “Saving consistently has enabled me to get good dividends over the years,” she remarks, noting that the financial returns have played a significant role in her investment decisions. Through the Sacco, she shares, she has been able to access loans that have contributed to her personal development. “I have been able to acquire a piece of land and pursue higher education,” she says.

Commitment

 However, while her commitment to saving remains strong, she acknowledges the economic challenges that have made it difficult to increase her contributions. “I would really wish to save more, but the current economic situation does not allow me,” she admits. As a salaried employee of the Teachers Service Commission (TSC), her financial responsibilities have grown over the years, making it harder to increase her savings. “Expenses are rising every day, and my salary keeps on getting stretched,” she explains.

Despite these challenges, Judith remains optimistic about the future of Mentor Sacco. During the Sacco’s 48^th AGM, she was  encouraged by its steady growth and commitment to its members. “The future of Mentor Sacco is still bright,” she affirms. However, she acknowledges that the harsh economic climate has affected borrowing trends. “People are tight, and the cost of living has gone so high. Members are not able to borrow because their capacity to repay has decreased,” she observes.

Resilient

Even with these hurdles, she continues to encourage others to invest in the Sacco, believing that it is one of the smartest financial decisions one can make. “It is wise to invest,” she states, urging those who have not yet joined  Mentor Sacco to do so. “Mentor Sacco is open to everyone, and we should all take advantage of the opportunity to better ourselves.”

Beyond financial support, Judith also appreciates the financial literacy and guidance provided by Mentor Sacco. “They have been giving us financial advice, and now I’m better placed to make more investments,” she says. While she modestly admits that she might not have made massive investments, she remains proud of the progress she has achieved. “At least I have done what I can. I have modified my home, and I continue to make strides in my personal and financial growth,” she reflects.

Judith’s story echoes the sentiments of many Sacco members who have experienced firsthand the benefits of saving and borrowing responsibly. As she looks ahead, she remains hopeful that Mentor Sacco will continue to empower its members and drive financial growth,  economic challenges notwithstanding.