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Rank: Member Joined: 10/19/2009 Posts: 671 Location: Nairobi
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carygoh wrote:http://www.standardmedia.co.ke/article/2000123753/kuscco-to-construct-120-housing-units-in-kitengela ' No much details on that article. 
Life is joy, death is peace, but the transition is very difficult.
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Rank: Member Joined: 1/2/2008 Posts: 268 Location: Nairobi
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carygoh wrote:http://www.standardmedia.co.ke/article/2000123753/kuscco-to-construct-120-housing-units-in-kitengela Not much information. The writer is just excited for nothing...misleading
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Rank: Veteran Joined: 5/11/2010 Posts: 918
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webish wrote:Coolbull wrote:@Gathige - did you succeed?
I intend to join Kuscco soon.... I would encourage you to. I have been member for two years now. And i have close relatives who have picked up loans with them. Positive feedback from them(so far).. I'd never heard about them until yesterday, during the co-operatives (ushirika) fare at KICC. Details are as explained by @digitek1, except they now say the minimum contribution is KES 5,000. The deal sounds quite attractive to me. Any more reviews, anyone? Learn first to treat your time as you would your money, then treat your money as you do your time.
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Rank: Veteran Joined: 7/1/2014 Posts: 927 Location: sky
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seppuku wrote:webish wrote:Coolbull wrote:@Gathige - did you succeed?
I intend to join Kuscco soon.... I would encourage you to. I have been member for two years now. And i have close relatives who have picked up loans with them. Positive feedback from them(so far).. I'd never heard about them until yesterday, during the co-operatives (ushirika) fare at KICC. Details are as explained by @digitek1, except they now say the minimum contribution is KES 5,000. The deal sounds quite attractive to me. Any more reviews, anyone? is that a monthly contribution? There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Veteran Joined: 7/1/2014 Posts: 927 Location: sky
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littledove wrote:seppuku wrote:webish wrote:Coolbull wrote:@Gathige - did you succeed?
I intend to join Kuscco soon.... I would encourage you to. I have been member for two years now. And i have close relatives who have picked up loans with them. Positive feedback from them(so far).. I'd never heard about them until yesterday, during the co-operatives (ushirika) fare at KICC. Details are as explained by @digitek1, except they now say the minimum contribution is KES 5,000. The deal sounds quite attractive to me. Any more reviews, anyone? is that a monthly contribution? if you complete paying loan, can one request for refund or you are tied there forever? There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Member Joined: 10/19/2009 Posts: 671 Location: Nairobi
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littledove wrote:seppuku wrote:webish wrote:Coolbull wrote:@Gathige - did you succeed?
I intend to join Kuscco soon.... I would encourage you to. I have been member for two years now. And i have close relatives who have picked up loans with them. Positive feedback from them(so far).. I'd never heard about them until yesterday, during the co-operatives (ushirika) fare at KICC. Details are as explained by @digitek1, except they now say the minimum contribution is KES 5,000. The deal sounds quite attractive to me. Any more reviews, anyone? is that a monthly contribution? Yes, should be. They are very keen on consistency.. deposit gaps are not encouraged. Can be used against you during borrowing. Quote:if you complete paying loan, can one request for refund or you are tied there forever? You can always get back your money, but you must request in written form. Then it takes a while (say 6 weeks, i think)..to discourage people from easily/quickly accessing the savings. I've not personaly done it, but I once asked.
Life is joy, death is peace, but the transition is very difficult.
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Rank: Veteran Joined: 5/11/2010 Posts: 918
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webish wrote:littledove wrote:seppuku wrote:webish wrote:Coolbull wrote:@Gathige - did you succeed?
I intend to join Kuscco soon.... I would encourage you to. I have been member for two years now. And i have close relatives who have picked up loans with them. Positive feedback from them(so far).. I'd never heard about them until yesterday, during the co-operatives (ushirika) fare at KICC. Details are as explained by @digitek1, except they now say the minimum contribution is KES 5,000. The deal sounds quite attractive to me. Any more reviews, anyone? is that a monthly contribution? Yes, should be. They are very keen on consistency.. deposit gaps are not encouraged. Can be used against you during borrowing. Quote:if you complete paying loan, can one request for refund or you are tied there forever? You can always get back your money, but you must request in written form. Then it takes a while (say 6 weeks, i think)..to discourage people from easily/quickly accessing the savings. I've not personaly done it, but I once asked. Yeah, @littledove, it is monthly contribution. I think what @littledove is asking is accessing your original savings once you are done paying their home loan. Which makes sense because acquiring a home would likely be the reason that caused you to join in the first place. @webish, ever borrowed from them yourself? Learn first to treat your time as you would your money, then treat your money as you do your time.
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Rank: Member Joined: 10/19/2009 Posts: 671 Location: Nairobi
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seppuku wrote:
@webish, ever borrowed from them yourself?
Nope, not yet. Planning to do so approximately in a Years' time. Still saving.  But I have close relatives who are currently servicing their 1st loans.
Life is joy, death is peace, but the transition is very difficult.
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Rank: Member Joined: 10/19/2009 Posts: 671 Location: Nairobi
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seppuku wrote:
I think what @littledove is asking is accessing your original savings once you are done paying their home loan. Which makes sense because acquiring a home would likely be the reason that caused you to join in the first place.
This should be possible as well. It's your Money. But chances are, you will more likely want to keep using the facility...well, depending on your objectives after the 1st Loan.
Life is joy, death is peace, but the transition is very difficult.
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Rank: Member Joined: 7/23/2009 Posts: 526
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@Webish et al. Any recent updates on this facility? i Have just joined and wish to aggressively save to access and remain a member. Accept no one's definition of your life; define your life.
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