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Kamuthi Housing Sacco
Chaka
#21 Posted : Saturday, September 12, 2015 12:36:27 PM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
@Wondergirl,
The government dam is for what purpose?
Mseto binti
#22 Posted : Thursday, October 15, 2015 4:16:06 PM
Rank: Member

Joined: 3/9/2012
Posts: 144
@ Wondergirl...plz i beg u ooh..dont even think abouit dealing with these falas..i bought a plot in 2011 na bado title deed..wacha if u want to see ur money go down a drain cheza na hawa watu..they belong to aclub of overpromising saitanis just like PR n their ilk..kwani it takes how many years to process title deeds?...enda utafute kaplot elsewhere Kamuthi ni bure sana!!..ati Buffalo my foot!..
I found meaningful work🤓
newfarer
#23 Posted : Thursday, May 19, 2016 6:52:35 AM
Rank: Elder

Joined: 3/19/2010
Posts: 3,505
Location: Uganda
Bubble burst
mobile.nation.co.ke/lifestyle/Fate-of-Kamuthi-projects-shaky-as-cash-crunch-bites/-/1950774/3208886/-/l6nqd5z/-/index.htm
punda amecheka
Mainat
#24 Posted : Thursday, May 19, 2016 7:00:20 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Let me see if I can become a member
Sehemu ndio nyumba
MaichBlack
#25 Posted : Thursday, May 19, 2016 8:01:05 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,836
Mainat wrote:
Let me see if I can become a member

Think twice before joining. That is all I can tell you!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Mainat
#26 Posted : Thursday, May 19, 2016 9:06:49 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Buddy,
Wewe member? Ni corruption au bad luck ama zote mbili?

MaichBlack wrote:
Mainat wrote:
Let me see if I can become a member

Think twice before joining. That is all I can tell you!!!

Sehemu ndio nyumba
MaichBlack
#27 Posted : Thursday, May 19, 2016 1:32:11 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,836
Mainat wrote:
Buddy,
Wewe member? Ni corruption au bad luck ama zote mbili?

MaichBlack wrote:
Mainat wrote:
Let me see if I can become a member

Think twice before joining. That is all I can tell you!!!


Mismanagement, Corruption, Nepotism etc.

I am a member and I am about lose my money as I watch. We bought and fully paid for plots. After waiting for quite some time they told us we have to add money because of bla bla bla sijui K-Rep has the mother title because sijui which loan, we cannot be able to sell the plots, ati even our plots had been sold to us very cheaply (what kind of bullshit argument is this??). Anywho, we paid more money.

At that point, I decided not to participate in any other projects cause I can tell thugs from a mile away. I decided to get my plots and go my way. I balloted and waited for my titles.

Shock on me! They called me and told me that they agreed that every member loans them 80,000/= to be repaid with interest. For my case that would be 80k × 2 = 160k. Because I am neither a bank nor an idiot, I did not give them a single cent. Further more, the project I was in (the original land) was fully paid for and I had no stake in the pieces they bought later. After some time they started making threatening calls to me. Sijui I must pay (remember it is a loan to them) by a certain date, sijui nini nini bla bla bla. Later they called me and told me they will only give titles to those who have "paid" the 80,000/=. Ours will be taken to K-Rep (Sidian) and we go pick them with 80k in our hands. I told them I will not give them even a bloody cent!! They told me sijui I will lose my land sijui a lot of nonsense. I just told them to read the Kihiu Mwiri and Mbo-I-Kamiti stories before they start messing with people they don't know!!!

The officials are the kids of former officials. At AGMs, you might be forgiven for imagining you are in a family get together. Statements like "Mwaka wa xxx, baba yangu na baba ya <another official>, walipokuwa wanaanzisha Kamuthi bla bla bla. Na sisi watoto wao bla bla bla".

"Voting" is a joke. One fellow proposes, another supports and another seconds or whatever and the resolution has passed. Three people! The rest of you can go hang!!! And you can see the way the mic is being passed, the whole sh!t is rehearsed!!!

I regret ever joining them!!! I thought I could get my plots and say bye bye to them but it seems they are too keen to rob me of both my land and money. And more money if I am stupid enough to "loan" them more.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
MaichBlack
#28 Posted : Thursday, May 19, 2016 1:35:23 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,836
Mainat wrote:
Buddy,
Wewe member? Ni corruption au bad luck ama zote mbili?

MaichBlack wrote:
Mainat wrote:
Let me see if I can become a member

Think twice before joining. That is all I can tell you!!!


Mismanagement, Corruption, Nepotism etc.

I am a member and I am about lose my money as I watch. We bought and fully paid for plots. After waiting for quite some time they told us we have to add money because of bla bla bla sijui K-Rep has the mother title because sijui which loan, we cannot be able to sell the plots, ati even our plots had been sold to us very cheaply (what kind of bullshit argument is this??). Anywho, we paid more money.

At that point, I decided not to participate in any other projects cause I can tell thugs from a mile away. I decided to get my plots and go my way. I balloted and waited for my titles.

Shock on me! They called me and told me that they agreed that every member loans them 80,000/= to be repaid with interest. For my case that would be 80k × 2 = 160k. Because I am neither a bank nor an idiot, I did not give them a single cent. Further more, the project I was in (the original land) was fully paid for and I had no stake in the pieces they bought later. After some time they started making threatening calls to me. Sijui I must pay (remember it is a loan to them) by a certain date, sijui nini nini bla bla bla. Later they called me and told me they will only give titles to those who have "paid" the 80,000/=. Ours will be taken to K-Rep (Sidian) and we go pick them with 80k in our hands. I told them I will not give them even a bloody cent!! They told me sijui I will lose my land sijui a lot of nonsense. I just told them to read the Kihiu Mwiri and Mbo-I-Kamiti stories before they start messing with people they don't know!!!

The officials are the kids of former officials. At AGMs, you might be forgiven for imagining you are in a family get together. Statements like "Mwaka wa xxx, baba yangu na baba ya <another official>, walipokuwa wanaanzisha Kamuthi bla bla bla. Na sisi watoto wao bla bla bla".

"Voting" is a joke. One fellow proposes, another supports and another seconds or whatever and the resolution has passed. Three people! The rest of you can go hang!!! And you can see the way the mic is being passed, the whole sh!t is rehearsed!!!

I regret ever joining them!!! I thought I could get my plots and say bye bye to them but it seems they are too keen to rob me of both my land and money. And more money if I am stupid enough to "loan" them more.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Kaigangio
#29 Posted : Thursday, May 19, 2016 1:59:52 PM
Rank: Elder

Joined: 2/27/2007
Posts: 2,768
MaichBlack wrote:
Mainat wrote:
Buddy,
Wewe member? Ni corruption au bad luck ama zote mbili?

MaichBlack wrote:
Mainat wrote:
Let me see if I can become a member

Think twice before joining. That is all I can tell you!!!


Mismanagement, Corruption, Nepotism etc.

I am a member and I am about lose my money as I watch. We bought and fully paid for plots. After waiting for quite some time they told us we have to add money because of bla bla bla sijui K-Rep has the mother title because sijui which loan, we cannot be able to sell the plots, ati even our plots had be so to us very cheaply (what kind of bullshit argument is this??). Anywho, we paid more money.

At that point, I decided not to participate in any other projects cause I can tell thugs from a mile away. I decided to get my plots and go my way. I balloted and waited for my titles.

Shock on me! They called me and told me that they agreed that every member loans them 80,000/= to be repaid with interest. For my case that would be 80k × 2 = 160k. Because I am neither a bank nor an idiot, I did not give them a single cent. Further more, the project I was in (the original land) was fully paid for and I had no stake in the pieces they bought later. After some time they started making threatening calls to me. Sijui I must pay (remember it is a loan to them) by a certain date, sijui nini nini bla bla bla. Later they called me and told me they will only give titles to those who have "paid" the 80,000/=. Ours will be taken to K-Rep (Sidian) and we go pick them with 80k in our hands. I told them I will not give them even a bloody cent!! They told me sijui I will lose my land sijui a lot of nonsense. I just told them to read the Kihiu Mwiri and Mboi Kamiti stories before they start messing with people they don't know!!!

The officials are the kids of former officials. At AGMs, you might be forgiven for imagining you are in a family get together. Statements like "Mwaka wa xxx, baba yangu na baba ya <another official>, walipokuwa wanaanzisha Kamuthi bla bla bla. Na sisi watoto wao bla bla bla".

"Voting" is a joke. One fellow proposes, another supports and another seconds or whatever and the resolution has passed. Three people! The rest of you can go hang!!! And you can see the way the mic is being passed, the whole sh!t is rehearsed!!!

I regret ever joining them!!! I thought I could get my plots and say bye bye to them but it seems they are too keen to rob me of both my land and money. And more money if I am stupid enough to "loan" them more.

Pole sana @ Maichblack...that was bound to happen at some point in time.
Sadly, I know those officials' (chairman & secretary) backgrounds dating back to more than 20 years...
...besides, the presence of a safe alone does not signify that there is money inside...
Zenge
#30 Posted : Thursday, May 19, 2016 2:02:54 PM
Rank: Member

Joined: 4/7/2011
Posts: 105
It is a clear case of poor management. I was there when they started off the new kamuthi from a small room at Maziwa. They clearly didnt have a strategic plan and once they got the land in Thika they got excited. Phase I went very well and they jumped on to phase II, the now so-called buffalo hills springs. The three guys (Ben-chairman, Secretary and Ngotho- Treasurer started reading themselves for riches) Their lifestyles changed fast and in came the big cars and a sense of entitlement and arrogance. In one meeting, they said that they had brought back the society from ashes and back to life therefore there was no need for any elections at the AGM.
They got greedy and seriously miscalculated the expansion as they jumped onto the Soya Dam estate project which again was an overpriced project as they siphoned cash from the society.
Listening to them i dont foresee any recovery anytime soon.
Once again the public gets to lose their hard earned investments.
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