Tulaga SACCO Ltd has outlined its budget priorities for the 2026 financial year during a Special General Meeting (SGM) held on 21 November 2025 at Tulaga Farmers? Compound in Engineer, Nyandarua County.

The meeting brought together SACCO members, the Board of Directors, the Supervisory Committee and invited cooperative officials to discuss the SACCO?s activities and review the proposed budget for the coming financial year.

Members Engage in the 2026 Budget Discussion

During the meeting, the SACCO Manager presented the proposed 2026 budget and explained the various budget provisions and expenditure items. Members had an opportunity to ask questions and seek clarification on how different allocations would support the SACCO?s operations.

Key areas discussed included staff training and professional development, marketing, loan appraisal and application fees, casual labour, fuel, water and electricity. The discussions provided members with greater insight into the costs associated with running the SACCO and delivering services.

The meeting also highlighted the importance of understanding loan-related charges and the requirements governing access to credit.

Staff Development and Operational Efficiency

Staff education was among the budget items discussed. Management explained that the allocation would support refresher courses, training programmes and other professional development activities aimed at strengthening staff knowledge and skills.

Members also sought clarification on marketing expenditure and operational costs, reflecting the importance of transparency and accountability in the management of SACCO resources.

Digital Communication and Access to Information

Tulaga SACCO also highlighted its efforts to improve communication with members through its official website and digital information-sharing systems.

The initiative aims to make important SACCO information more accessible while reducing expenditure associated with printing, photocopying and other paper-based administrative activities.

Members were encouraged to use the website to stay informed about the SACCO?s activities. The meeting also recognised that printed information remains important for members who may have difficulty accessing digital platforms.

Strengthening Savings and Loan Recovery

Beyond the budget discussions, the meeting emphasised the importance of regular savings, timely loan repayments and responsible borrowing in supporting the SACCO?s financial stability.

Members were encouraged to meet their loan obligations and maintain consistent savings. The Board and management also discussed the importance of following the appropriate legal procedures when recovering defaulted loans.

These measures are important considerations in protecting members? interests and supporting the SACCO?s ability to continue providing financial services.

What Members Should Know

The Special General Meeting provided an opportunity for members to engage with the proposed 2026 budget, ask questions and understand the reasoning behind key expenditure items.

Member participation, transparent communication, prudent financial management and a strong savings culture remain important to the SACCO?s continued development.

As Tulaga SACCO moves into the 2026 financial year, members can remain informed by following official SACCO communications and participating actively in meetings and other SACCO activities.

Note: Specific budget allocations and the total budget should be included once the detailed 2026 budget figures are available.