wazua Sat, Nov 23, 2024
Welcome Guest Search | Active Topics | Log In | Register

7 Pages«<567
Faulu Kenya now beats T-Bills for fixed deposits
Options
Previous Topic · Next Topic
mawinder
#121 Posted : Monday, June 10, 2013 8:29:15 AM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
Faulu now lending at 12% without need for savins and has finally tamed SACCOS!!!!!!!!!
Back to top
 Report Abusive | Report SPAM
mlennyma
#122 Posted : Monday, June 10, 2013 9:08:59 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,182
Location: nairobi
It will be useful to me when the market turns bear.
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
 Report Abusive | Report SPAM
mwekez@ji
#123 Posted : Monday, June 10, 2013 9:47:37 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
mawinder wrote:
Faulu now lending at 12% without need for savins and has finally tamed SACCOS!!!!!!!!!


Flat rate or reducing balance rate?
Back to top
 Report Abusive | Report SPAM
mawinder
#124 Posted : Monday, June 10, 2013 9:51:15 AM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
mwekez@ji wrote:
mawinder wrote:
Faulu now lending at 12% without need for savins and has finally tamed SACCOS!!!!!!!!!


Flat rate or reducing balance rate?

Reducing balance!!!!
Back to top
 Report Abusive | Report SPAM
bird_man
#125 Posted : Monday, June 10, 2013 10:05:41 AM
Rank: Veteran


Joined: 11/2/2006
Posts: 1,206
Location: Nairobi
mawinder wrote:
mwekez@ji wrote:
mawinder wrote:
Faulu now lending at 12% without need for savins and has finally tamed SACCOS!!!!!!!!!


Flat rate or reducing balance rate?

Reducing balance!!!!


Link?
Formally employed people often live their employers' dream & forget about their own.
Back to top
 Report Abusive | Report SPAM
mwekez@ji
#126 Posted : Monday, June 10, 2013 10:09:38 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
bird_man wrote:
mawinder wrote:
mwekez@ji wrote:
mawinder wrote:
Faulu now lending at 12% without need for savins and has finally tamed SACCOS!!!!!!!!!


Flat rate or reducing balance rate?

Reducing balance!!!!


Link?


Yes, Link?
Back to top
 Report Abusive | Report SPAM
Ericsson
#127 Posted : Monday, June 10, 2013 10:42:51 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
12% is only for amounts above ksh.1M.Below that u will get a surprise.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
mwekez@ji
#128 Posted : Monday, June 10, 2013 10:45:44 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Ericsson wrote:
12% is only for amounts above ksh.1M.Below that u will get a surprise.


12% Reducing Balance Rate? Link?
Back to top
 Report Abusive | Report SPAM
Ericsson
#129 Posted : Monday, June 10, 2013 10:57:25 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
That's confidential info I got fom somebody.
its 12% fixed
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
mwekez@ji
#130 Posted : Monday, June 10, 2013 11:07:43 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Ericsson wrote:
That's confidential info I got fom somebody.
its 12% fixed


12% p.a. fixed rate on a year loan is equivalent to 21.46% p.a reducing balance rate. #Very_High_Rate
Back to top
 Report Abusive | Report SPAM
KURUTU
#131 Posted : Monday, June 10, 2013 12:51:44 PM
Rank: Member


Joined: 9/12/2006
Posts: 22
Why arebwe comparing a loan rate and a fixed deposit rate? Please enlighten me on the basis.
Back to top
 Report Abusive | Report SPAM
mwekez@ji
#132 Posted : Monday, June 10, 2013 1:28:06 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
KURUTU wrote:
Why arebwe comparing a loan rate and a fixed deposit rate? Please enlighten me on the basis.


@kurutu, we are not comparing loan rate to fixed deposit rate. We are talking of loan pricing structures (flat/fixed rate Vs reducing balancing rate).
Back to top
 Report Abusive | Report SPAM
Impunity
#133 Posted : Monday, June 10, 2013 4:23:55 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
mwekez@ji wrote:
Ericsson wrote:
That's confidential info I got fom somebody.
its 12% fixed


12% p.a. fixed rate on a year loan is equivalent to 21.46% p.a reducing balance rate. #Very_High_Rate


Word!!!!!!!!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
Back to top
 Report Abusive | Report SPAM
mwekez@ji
#134 Posted : Monday, June 10, 2013 5:04:15 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Impunity wrote:
mwekez@ji wrote:
Ericsson wrote:
That's confidential info I got fom somebody.
its 12% fixed


12% p.a. fixed rate on a year loan is equivalent to 21.46% p.a reducing balance rate. #Very_High_Rate


Word!!!!!!!!


Cheers!!!!!! cc @mawinder
Back to top
 Report Abusive | Report SPAM
ayushnehra
#135 Posted : Thursday, February 05, 2015 7:31:34 PM
Rank: Member


Joined: 1/4/2015
Posts: 153
I must say this post has made me laugh like none other on wazua. Though I'm a fan of the arguments and valid points individuals have, I must say how amusing I found the fact that when the CBK had a well structured explanation people found a way to argue against it..

I apologise for re-opening a case gone by..!
Dreams are not the thing you see in your sleep..it's the thing that doesn't let you sleep. - A.P.J. Abdul Kalam
Back to top
 Report Abusive | Report SPAM
Impunity
#136 Posted : Friday, February 06, 2015 8:54:31 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
ayushnehra wrote:
I must say this post has made me laugh like none other on wazua. Though I'm a fan of the arguments and valid points individuals have, I must say how amusing I found the fact that when the CBK had a well structured explanation people found a way to argue against it..

I apologise for re-opening a case gone by..!


Which point exactly made you laugh most?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (3)
7 Pages«<567
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2024 Wazua.co.ke. All Rights Reserved.