Co-operative Bank is set to host a free online training session targeting students and young entrepreneurs, seeking to equip them with knowledge on how co-operatives can help individuals build wealth through collective savings and investment.
The session, which will focus on Co-operatives 101 – The Power of Coming Together to Build Wealth, will take place on Friday, November 13, 2026, from 11am, with Nicholas Kamonye, Managing Director and CEO of Co-op Consultancy, as the expert guest.
Hosted by Violetta Ngina, the training will be conducted online through Zoom and streamed live on the bank’s YouTube, X and Facebook platforms.
The initiative seeks to demystify the co-operative movement and help young people understand how ordinary savings, when pooled together, can grow into sustainable wealth.
In its announcement, the bank challenged young Kenyans to look beyond the frequent conversations about Savings and Credit Co-operative Societies (SACCOs) and understand the financial opportunities that come with belonging to a co-operative.
“Tunaskianga SACCO this, SACCO that, but do we really understand the power of coming together to build wealth?” the bank posed, inviting young people to join the discussion.
Students, entrepreneurs and other interested participants can attend the free session online by registering through https://tinyurl.com/4vf8wt6d.
The session will explore how individuals can use collective savings to strengthen their financial position, access opportunities and build long-term wealth.
Kamonye brings experience in supporting co-operative societies through capacity building and advisory services.
His professional background includes consultancy in microfinance, financial modelling, strategic and business planning, business process improvement and human resource development.
In July, the Co-operative Alliance of Kenya urged young people to join SACCOs and other co-operative societies, warning that low youth participation could threaten succession and the sustainability of wealth built by older generations.
The alliance also highlighted the benefits of co-operative membership beyond access to credit, including financial education, mentorship, networking and opportunities for collective investment.
Co-operative Bank has also been expanding its youth-focused financial inclusion efforts. In its third-quarter 2026 results, the lender reported that it had disbursed KSh47.5 billion to more than 585,000 young people to support entrepreneurship, business expansion and income generation.
More than 210,000 young people had also accessed financial literacy and empowerment programmes.
The upcoming forum is part of the bank's Youth Forum initiative, which provides a platform for young people to engage experts on financial and business issues.
Leave a Reply