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As a follow up to the AGM resolutions of 21st Feb 2015, approvals by SASRA (SACCO Societies Regulatory Authority) and CMS (Capital Markets Authority) respectively, we hereby circulate the shares drive memorandum of information for your review. Make up your mind and take up the shares available as soon as possible.

As stated, members are invited to invest in SACCO shares that shall be applied to multiple purposes including developing an office complex for SACCO use and rental. Definitely the dividend can only go up with this additional source of revenue. Seize this golden investment opportunity; commit by filling shares drive form and make contributions by Rebates, Cash Deposit, Bank or Lipa na M-PESA.

 

KEY FEATURES OF THE SHARES OFFER

 Particulars Explanation
 Offer price  Shs 100
 Minimum Number. of shares  At least 500 per year
 Maximum Number. of shares  1/5th of the total shares
 Targeted amount to be raised  Shs. 1billion
 Share drive period  2 years
 Guaranteed return on investment  12% pa
 Guaranteed period  2 years
 Dividend payment policy  Constant rate for 2 years

Last modified on Monday, 17 August 2015 07:54
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Our Vision and Mission

To be the financial services partner of choice

 

We transform our members’ lives through provision of affordable, innovative and accessible financial services

Our Location

We have two offices in Nairobi:

Main Office, Westlands Safaricom Care Centre (SCC) First Floor.

JCC Office, Mombasa Road, Sarin Park (JCC) Ground Floor

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