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SACCO's end year results - Dividend Rates comparison
drogon
#131 Posted : Monday, May 13, 2019 7:28:00 PM
Rank: New-farer

Joined: 11/28/2018
Posts: 42
Location: Nairobi
Shak wrote:
Any news from Hazina Sacco?


That's my Sacco.
Fat dividends on share capital @ 19%
Interest on depodits @ 10.6%

Plus 10% bonus if you capitalize your dividends.
Swenani
#132 Posted : Tuesday, May 14, 2019 9:04:01 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
drogon wrote:
Shak wrote:
Any news from Hazina Sacco?


That's my Sacco.
Fat dividends on share capital @ 19%
Interest on depodits @ 10.6%

Plus 10% bonus if you capitalize your dividends.


These saccos are nothing but legalized Pryamid schemes.

If a good sacco like kenya police was to liquidate it's assets assets, will it be possible to pay off the deposits and capital?
If Obiero did it, Who Am I?
winmak
#133 Posted : Tuesday, May 14, 2019 1:14:38 PM
Rank: Member

Joined: 12/1/2007
Posts: 539
Location: Nakuru
Swenani wrote:
drogon wrote:
Shak wrote:
Any news from Hazina Sacco?


That's my Sacco.
Fat dividends on share capital @ 19%
Interest on depodits @ 10.6%

Plus 10% bonus if you capitalize your dividends.


These saccos are nothing but legalized Pryamid schemes.

If a good sacco like kenya police was to liquidate it's assets assets, will it be possible to pay off the deposits and capital?


The modus operandi from my close friends when dealing with saccos is to always have a loan greater than your deposit... that way in case of a crash....
For investors as a whole, returns decrease as motion increases ~ WB
ngapat
#134 Posted : Friday, February 28, 2025 8:27:46 AM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
Stima sacco announcing today
“Invest in yourself. Your career is the engine of your wealth.”
mufasa
#135 Posted : Monday, March 03, 2025 4:23:37 AM
Rank: Member

Joined: 4/15/2008
Posts: 238
Sacco interest on members' deposits in 2024

✅ Tower Sacco = 13%
✅ NewFortis Sacco = 13%
✅ Ports Sacco = 12.5%
✅ Mentor Sacco = 12.5%
✅ Univision Sacco = 12%
✅ Nation Sacco = 11%

Source @Abojani
Do it today! Tomorrow is promise to no-one.
mufasa
#136 Posted : Monday, March 03, 2025 4:39:43 AM
Rank: Member

Joined: 4/15/2008
Posts: 238
Sacco interest on members' deposits in 2024

✅ Hazina Sacco = 10.85%
✅ Bandari Sacco = 12%
✅ Kenya Police DT Sacco = 11%
✅ Harambee Sacco = 9%
✅ Stima Sacco = 11%
✅ Mhasibu Sacco = 8%
✅ KIMISITU Sacco = 9%


Do it today! Tomorrow is promise to no-one.
freiks
#137 Posted : Tuesday, March 25, 2025 11:31:09 AM
Rank: Veteran

Joined: 6/8/2010
Posts: 1,734
[quote=mufasa]Sacco interest on members' deposits in 2024

✅ Hazina Sacco = 10.85%
✅ Bandari Sacco = 12%
✅ Kenya Police DT Sacco = 11%
✅ Harambee Sacco = 9%
✅ Stima Sacco = 11%
✅ Mhasibu Sacco = 8%
✅ KIMISITU Sacco = 9%


[UNSACCO 10% on deposits and 13% on shares]
Life is an endless adventure
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