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SACCO's end year results - Dividend Rates comparison
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Angelica _ann
#81 Posted : Wednesday, February 17, 2016 10:49:58 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
bird_man wrote:
Lolest! wrote:
Angelica _ann wrote:
United Women Sacco shares @16.50%

Really? Kwani what rates do they lend at?

Trick is to ensure very many topups and charge the member full term interest from the amount you will disburse.E.g for a 4yr loan ensure they come for topup on year 2 but charge interest as though they took full term from the topup you disburse.Somewhat illegal though.

Women borrow heavily and pay diligently!!! Minimal bad and doubtful debts!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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gatoho
#82 Posted : Friday, March 25, 2016 1:38:03 AM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
Mafisi Sacco 50% on investment, 40% on expenses
Foresight..
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Boris Boyka
#83 Posted : Friday, March 25, 2016 6:43:25 AM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
gatoho wrote:
Mafisi Sacco 50% on investment, 40% on expenses

Laughing out loudly Laughing out loudly So this Mafisi Organization is big!
Mafisi Sacco
Mafisi party of Kenya
Team Mafisi
Mafisi Holdings
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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mwanaumeme
#84 Posted : Wednesday, April 13, 2016 8:58:20 AM
Rank: Hello

Joined: 1/12/2016
Posts: 1
Stima Sacco A dividend pay out of 12% on shares and 11% on deposits
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gatoho
#85 Posted : Wednesday, April 13, 2016 4:38:46 PM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
mwanaumeme wrote:
Stima Sacco A dividend pay out of 12% on shares and 11% on deposits


I thought it was 24%? 12 in cash and 12 in shares?
Foresight..
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streetwise
#86 Posted : Wednesday, April 13, 2016 5:26:52 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
OOOOH , now in understand . So this 24% in not a real one since you need money both in shares and deposits to get it.

In effect you just get 12%. No wonder some one said money does no grow on trees
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enyands
#87 Posted : Wednesday, April 13, 2016 6:43:16 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
streetwise wrote:
OOOOH , now in understand . So this 24% in not a real one since you need money both in shares and deposits to get it.

In effect you just get 12%. No wonder some one said money does no grow on trees



There is a huge big difference between stima sacco and stima investment cooperative.


These are two different entities and have different boards .stima sacco is involved in lending money to members and Fosa or bosa while the other one is just lands ,houses and maybe other investment ventures .


Most Saccos have an avarage of 7-15% dividends while investments are higher than that.
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Shak
#88 Posted : Monday, April 18, 2016 6:53:33 PM
Rank: Elder

Joined: 2/22/2009
Posts: 2,449
Location: Africa
Any news from Hazina Sacco?
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Shak
#89 Posted : Tuesday, April 19, 2016 10:56:48 PM
Rank: Elder

Joined: 2/22/2009
Posts: 2,449
Location: Africa
Shak wrote:
Any news from Hazina Sacco?

7.8%. Disappointed
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Boris Boyka
#90 Posted : Thursday, April 28, 2016 1:26:11 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
UKULIMA SACCO
Our Member,Year2015 intrest on deposits was 5%, This was compelled by SASRA demand to retain more surplus to comply with Regulations.This will improve in future.
GREATLY Disappointed!Not talking
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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