Memorandum of Understanding Between Fineline Management Systems and the Cooperative University of Kenya


The Vice-Chancellor, Prof Kamau Ngamau, centre and CEO, FMS Mr. Alex Malla exchange the signed MoU documents.

On Monday May 30th 2022, a Memorandum of Understanding (MoU) was inked by  Fineline Management Systems (FMS) and The Co-operative University of Kenya (CUK) piloting a long-term strategic partnership with an aim of setting up a framework for mutual partnership and defining  broader relationships towards joint assignments in co-operative development, education and training, research, innovations and capacity building of the co-operative sector and related fields.

The CUK, a leader in the co-operative sector provides quality co-operative training, research, consultancy and community extension services whereas Fineline Management Systems specializes in the provision of consultancy services in Economic Development focusing on areas of Microfinance, Banking and Co-operative Development. The MoU  will be made possible through the cooperation of both parties in steering the Co-operative development targeting the formation and capacity building of co-operatives (and pre-cooperatives) at the County and National levels as well as in the region. CUK and FMS plan on joining hands and working towards, educating and training members; having joint ventures in undertaking consultancies and outreach activities; supporting social and economic development of the community members; having a joint resource

The witnesses, DVC,CDRI Prof. Isaac K Nyamongo seated far right and the Director Research FMS, Mr. Joab Osumha signing the MOU document

mobilizations for program of mutual benefit; promoting research and innovation in the co-operative sector; promoting commercialization and marketing of research outputs and innovations; and last but not least, jointly organize conferences, seminars, workshops and symposia.

The MoU further seeks to, through the steering committee, solicit funds from the National Government, County Governments, development partners and private Sector organizations for joint program activities.


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All payments to the institution are payable to the Co-operative Bank of Kenya and Equity Bank Kenya
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