Tuskys, Safaricom Sacco in a credit-based shopping pact

Tuskys and Safaricom Sacco have  signed a retail partnership  that will allow the telco’s employees and sacco members  acquire discounted high value items on credit at the retailer’s stores across the country.

 

Under the partnership, Safaricom Sacco members will get a Local Purchase Order (LPO) from the Sacco offices and present the same to any Tuskys Supermarket after which the items will be released to them within 48 hours.

 

The retailer will bill the Sacco upon receipt of all LPOs received within a month.

 

Tuskys CEO Dan Githua said the retailer said the move is as a result of a long standing relationship between the two entities.

 

“This is part of Tuskys supermarkets expansion strategy that focuses on deepening partnerships with our corporate partners to drive business growth.

 

“Our partnership with this leading Sacco will ensure that as many members as possible have access to easy credit based means with which to acquire high value items,” said Githua.

 

Safaricom Sacco CEO George Ochiri said the partnership would further add to the options its members have in acquiring household items.

 

“We have continuously sought partnerships that especially enrich the local shopping experience for our members. We are delighted to note that our members can now enjoy discounts, credit and deliveries while shopping at Tuskys,” he said.

 

Safaricom Sacco, was founded in 2001 with an aim to serve the Safaricom employees.

 

Currently it has an asset base of Ksh3.3 Billion and with over 9000 members and is in the process of implementing a strategic plan targeting to grow its business fourfold by 2018.

 

Tuskys said its strategy in deepening partnerships with corporate partners was geared towards boosting sales volumes for household goods such as Sofa sets, assorted furniture, TVs, fridges and other electronics.

 

The retailer has a similar partnership with Ukombozi Sacco, the umbrella Sacco for Deliverance Churches in Kenya that has 7000 members countrywide.

 

Tuskys is pursuing similar partnerships with reputable licensed SACCOs and corporate partners across the country to enable more people access items of their choice conveniently.