Stima Sacco are the official sponsors of the Finance Literacy and Opportunity Week Kenya (FLOWK). The event, which is being hosted by Finpro Solutions and Event Guru Solutions, will be held on October 26 and 27 at the Kenya International Convention Centre in Nairobi.
John Kamwaro, the CEO of Event Guru Solutions, said their main aim is to bring all the financial services players under one platform to enable Kenyans get the information required and as a result promote financial literacy.
The event will see financial key players, influencers and consultants engage in the exhibition and conference at the same time.
It being Kenya’s first ever financial expo, its philosophy is to sensitise and develop opportunities in the financial sector for Kenyans. Some of the financial providers expected at the event are Saccos, banks, insurance companies, accounting firms, SMEs, private investors and private companies.
According to Jack Kulova, the Corporate Communications Manager at Stima Sacco, FLOWK is an excellent opportunity for the Sacco to showcase its unique proposition to the market as well as contribute to the overall financial deepening agenda.
Based on a report released by the Financial Sector Deepening (FSD) Kenya, Saccos form a vital part of Kenya’s financial system which provide services to approximately 14 million Kenyans and frequently offer services, which cannot be found elsewhere.
They provide an important alternative institutional form to banks which has seen many farmers in rural areas depend on them for savings, credit and payment services. Global experience from the financial crisis of 2007/08 suggests that this diversity can contribute to resilience.
“FLOWK, which is a collaborative platform to provide Kenyans with awareness, access, business-readiness and linkages to funding opportunities, is an inclusive programme, and is welcoming the participation of other key partners in the financial services sector. Stima Sacco is committed to developing this initiative into a sustainable and long-term Programme,” said Kulova.