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Gusii Mwalimu Sacco
Caption for the landscape image:

How 8,000 teachers lost their savings and fresh bid to salvage what is left

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Some of the founding members of Gusii Mwalimu Investment Company Limited demonstrate at Gusii Mwalimu Sacco premises in Kisii town on September 19, 2024.

Photo credit: Ruth Mbula | Nation Media Group

Mr Thomas Mogire was 24 years-old when he was employed as a teacher in 1972.

Two years into the profession, he joined other 8,211 like-minded young teachers, in forming an investment company called Gusii Mwalimu Investment Company Limited (Gumico).