'Ours is not a pyramid scheme', say DECI management
Written By:Wesley Rutto/kna , Posted: Mon, May 07, 2007
Development Entrepreneurship Community Initiative (DECI), has so far revolved 2 billion shillings in the last 10 months, thus contributing to alleviation of poverty in the country.
DECI Managing Director, George Donde, said the funds revolved among millions of Kenyans creating about 4,500 direct jobs within the 200 centres in the country.
Addressing DECI members, Mumias region, Donde expressed hope that at the current pace, the living standards of most Kenyans would eventually be improved.
He refuted rumours that DECI was a pyramid scheme and instead explained that the organization was founded and operated on the principle of group guarantee and marry-go-round.
The misinformation about DECI, he said, was misplaced because the organization mobilize members to invest by contributing money to meet basic requirements.
Saying that each Kenyan had the potential and capacity to contribute to the socio-economic development of the country, Donde urged Kenyans to change their attitude and mobilize resources to improve their living standards.