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Saccos
spacer
#1 Posted : Wednesday, September 03, 2008 10:40:00 AM
Rank: Member


Joined: 12/20/2007
Posts: 5
Saccos are life savers and are known to give loans at cheaper rates and with less restrictions.
Which are some of the saccos one can join if your organization does not have one

clock's Ticking........
sierra
#2 Posted : Wednesday, September 03, 2008 11:01:00 AM
Rank: Member


Joined: 8/29/2008
Posts: 27
join your proffessional sacco,like if you are an accountant theres mhasibu sacco,others may be wanandege,wanamizigo or something of the sort.

be yourself
thunder
#3 Posted : Wednesday, September 03, 2008 11:12:00 AM
Rank: Member


Joined: 6/7/2008
Posts: 13
Try Finnlem - http://www.finnlemm.com/

It is sacco for NGO's

@Thunder
Wendz
#4 Posted : Wednesday, September 03, 2008 11:13:00 AM
Rank: Elder


Joined: 6/19/2008
Posts: 4,268
There is IDB sacco. The guys are good. they even negotiate offers for their members. We had the tanks,gas cylinders,dstv,gtv and now we are on land huko kitengela. good discounts. Like the tanks,they gave us almost 50% discount and they were delivering anywhere in kenya so i got a big one for my paros and they transported them all the way to shags WITHOUT EXTRA CHARGE!! Land,is in the process. we are organising to go view it.

Some deals are like glass. Sometimes it's better to leave them broken than try to hurt yourself putting it back together.
savant
#5 Posted : Wednesday, September 03, 2008 1:02:00 PM
Rank: Member


Joined: 4/1/2008
Posts: 104
Location: Nairobi
You can check out Elimu Sacco (it's is open to employed individuals outside of the public sector) or Kenya Banker's Association (to qualify,you would need to work for the banking/financial industry).
The interest rates for both range between 12-15% - as of last time i checked - and you'd be free to access loans of 3 times the amount held in your account.

All the best.

To appreciate the beauty of a snow flake,it is necessary to stand out in the cold.
Généralement, les gens qui savant peu parlent becoup, et les gens qui savant beaucoup parlent peu.
- Rousseau.
Luisa
#6 Posted : Wednesday, September 03, 2008 1:21:00 PM
Rank: Member


Joined: 4/28/2008
Posts: 12
@Wendz

This IDB Sacco sounds good. Is it open to everyone to join?


Life is about taking risks.
Pudo
#7 Posted : Tuesday, July 07, 2009 9:38:00 AM
Rank: Member


Joined: 6/26/2009
Posts: 15
@Wendz
Which is IDB?

@all,
Which SACCO can a self employed like me join?
Anyone knows the requirements?
anyone who has had an experience in this?
mkristo
#8 Posted : Tuesday, July 07, 2009 12:26:00 PM
Rank: Member


Joined: 9/7/2007
Posts: 168
Location: Nairobi
WHY NOT START AN SK SAVINGS AND CREDIT COOPERATIVE SOCIETY (SACCO)?

today is the day to act,don't say tomorrow
mtaalam
#9 Posted : Tuesday, July 07, 2009 1:51:00 PM
Rank: Member


Joined: 11/2/2006
Posts: 519
Join the one you can get guarantors.

ili iwe funzo...
Fundaah
#10 Posted : Tuesday, July 07, 2009 2:07:00 PM
Rank: Elder


Joined: 11/19/2008
Posts: 1,267
Q: can my working spouse be a guarantor?

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