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Muramati Sacco shares
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simonkabz
#31 Posted : Monday, December 20, 2010 5:30:11 PM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
@ilike,layman, read my last post above. Open a savings a/c, Deposit cash with the teller n specify purpose i.e. to purchase the shares. Plans underway to transform to a bank....when....I hav no idea! Best of luck.
TULIA.........UFUNZWE!
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  | | Edit by user: Monday, December 20, 2010 5:37 PM | Reason: Not specified
Ilikeyou
#32 Posted : Tuesday, December 21, 2010 9:02:48 AM
Rank: Member

Joined: 11/21/2007
Posts: 152
Location: Nairobi
@simonkabz,
Thanks for the info,ll do so and participate in the exercise.
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Chrenyan
#33 Posted : Tuesday, December 21, 2010 1:54:53 PM
Rank: Member

Joined: 6/18/2007
Posts: 16
Hey all,

I'm with @alikujia on this one, and I would like to urge caution. Whoever heard of someone offering you a chance to win a car to buy shares? This reminds me of Deci and the likes...

What does Muramati actually intend to do with all this money in order for it to return a 9% dividend to all members and yet at the same time still be able to pay for all these NZEs, Mekos and the like?

There are no shortcuts in life... I'm not saying this is one, I'm just saying we should be sober every time we make an investment decision.
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Ilikeyou
#34 Posted : Tuesday, December 21, 2010 5:53:02 PM
Rank: Member

Joined: 11/21/2007
Posts: 152
Location: Nairobi
@Chrenyan,
Thanks for the Caveat.
But let me risk a few thousands.
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BGL
#35 Posted : Saturday, December 25, 2010 7:16:18 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
I bought 5,000 shares worth 50K and got 50 raffle tickets.
I read the Brochure that summarises the vision and mission of MURAMATI and i have no doubt in my mind that i made the right decision.
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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  | | Edit by user: Saturday, December 25, 2010 7:33 PM | Reason: Not specified
slykat
#36 Posted : Sunday, December 26, 2010 2:32:27 AM
Rank: Member

Joined: 2/20/2007
Posts: 359
I had a look at the website... nothing untoward there.

So people at Wazua are satisfied this is not a Ponzi!? Good. Anyone seen past audited accounts?

When does the share issue end and what are the requirements? Thanks.
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BGL
#37 Posted : Sunday, December 26, 2010 11:39:45 AM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
slykat wrote:
I had a look at the website... nothing untoward there.

So people at Wazua are satisfied this is not a Ponzi!? Good. Anyone seen past audited accounts?

When does the share issue end and what are the requirements? Thanks.


The share sale ends on Dec 31st and the requirement is your national ID or Passport and a photocopy of the same. You take only 5 minutes to fill in the form and they open an account for you where you deposit your shares. You also get a MURAMATI ID.
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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  | | Edit by user: Sunday, December 26, 2010 11:46 AM | Reason: Not specified
yosie03
#38 Posted : Sunday, December 26, 2010 10:32:48 PM
Rank: New-farer

Joined: 12/21/2010
Posts: 9
It's a credible sacco with a good history.It's dominant in our home area and my mum bought some shares 5 years ago@5 bob against my advice and she has been getting a dividend of over 1bob year on year.I havent seen their statements but a think its a good risk to take
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youcan'tstopusnow
#39 Posted : Sunday, December 26, 2010 11:37:35 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
yosie, a dividend yield of 20 percent? Hata BAT..
GOD BLESS YOUR LIFE
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slykat
#40 Posted : Monday, December 27, 2010 1:20:20 AM
Rank: Member

Joined: 2/20/2007
Posts: 359
BGL wrote:
slykat wrote:
I had a look at the website... nothing untoward there.

So people at Wazua are satisfied this is not a Ponzi!? Good. Anyone seen past audited accounts?

When does the share issue end and what are the requirements? Thanks.


The share sale ends on Dec 31st and the requirement is your national ID or Passport and a photocopy of the same. You take only 5 minutes to fill in the form and they open an account for you where you deposit your shares. You also get a MURAMATI ID.


Thanks BGL,

Based on what I have read, which is legitimate micro-finance biz, I could risk a nominal amount without due diligence just to be in, as divs are high and in case it is the next Equity. But am outside the country! I don't see how I can do it by 31st. My errand peeps are all up-country. Will pass!
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