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SACCO's end year results - Dividend Rates comparison
benjackie
#41 Posted : Tuesday, April 30, 2013 2:27:56 PM
Rank: New-farer

Joined: 4/12/2011
Posts: 73
Location: kenya
the UN SACCO paid out 15%
2012
#42 Posted : Wednesday, May 08, 2013 2:34:50 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
benjackie wrote:
the UN SACCO paid out 15%


Woah! That's high. These guys should start paying taxes.

BBI will solve it
:)
Ngogoyo
#43 Posted : Wednesday, August 14, 2013 4:49:38 PM
Rank: Member

Joined: 6/22/2011
Posts: 561
Location: House
Mhasibu declared what percentage for 2012%
webish
#44 Posted : Tuesday, February 04, 2014 9:23:40 AM
Rank: Member

Joined: 10/19/2009
Posts: 671
Location: Nairobi
Za 2013? M sure many Saccos have had their AGM's or are just about to.

Kenya-Re: (Year ending 2013).

On Shares - 8 pc.
On Deposits - 10pc.

Life is joy, death is peace, but the transition is very difficult.
seppuku
#45 Posted : Tuesday, February 04, 2014 10:10:08 AM
Rank: Veteran

Joined: 5/11/2010
Posts: 918
On shares 50%

On deposits 11.5%

Someone beat that.

Applause Applause Applause smile smile smile
Learn first to treat your time as you would your money, then treat your money as you do your time.
theking
#46 Posted : Tuesday, February 04, 2014 10:28:55 AM
Rank: Member

Joined: 1/25/2010
Posts: 344
seppuku wrote:
On shares 50%

On deposits 11.5%

Someone beat that.

Applause Applause Applause smile smile smile


which sacco?
seppuku
#47 Posted : Tuesday, February 04, 2014 6:55:04 PM
Rank: Veteran

Joined: 5/11/2010
Posts: 918
theking wrote:
seppuku wrote:
On shares 50%

On deposits 11.5%

Someone beat that.

Applause Applause Applause smile smile smile


which sacco?


Balozi.
Learn first to treat your time as you would your money, then treat your money as you do your time.
simonkabz
#48 Posted : Wednesday, February 05, 2014 12:19:42 AM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
Any word on Harambee? A couple of years back the management used to take loans n hoodwink us members with a 6% "dividend"...kumbe ni pesa ya loan!. What a bunch of clowns! They were seriously embezzling deposits! When crap hit the fan a would-be whistle blower was murdered n parliament got wind of it....then, allegedly the sacco SUDDENLY recovered after a shortlived probe.

Such fellows should be executed in public!
TULIA.........UFUNZWE!
guru me
#49 Posted : Wednesday, February 05, 2014 12:48:28 AM
Rank: New-farer

Joined: 6/27/2011
Posts: 63
seppuku wrote:
On shares 50%

On deposits 11.5%

Someone beat that.

Applause Applause Applause smile smile smile



Had to check this out- the 50% part. I think the share capital is a very small component of what members have. Compare this against members deposits which is what is attracting 11.5%.


Financial highlights shs.
Share capital 5,518,409
Members deposit 1,423,940,284


http://www.balozicoop.co...ipdf/AccountsFY2013.pdf

webish
#50 Posted : Wednesday, February 05, 2014 7:23:43 AM
Rank: Member

Joined: 10/19/2009
Posts: 671
Location: Nairobi
guru me wrote:
seppuku wrote:
On shares 50%

On deposits 11.5%

Someone beat that.

Applause Applause Applause smile smile smile



Had to check this out- the 50% part. I think the share capital is a very small component of what members have. Compare this against members deposits which is what is attracting 11.5%.


Financial highlights shs.
Share capital 5,518,409
Members deposit 1,423,940,284


http://www.balozicoop.co...ipdf/AccountsFY2013.pdf



thought so as well. but such is the case with many saccos anyway. smile

Life is joy, death is peace, but the transition is very difficult.
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