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SACCO's end year results - Dividend Rates comparison
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TUPAC
#71 Posted : Monday, March 23, 2015 8:31:27 PM
Rank: Member

Joined: 12/8/2009
Posts: 274
Location: Ltktk
Mwalimu Sacco 11.15% on deposits
...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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Pesa Nane
#72 Posted : Monday, March 30, 2015 1:31:46 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
UNAITAS pays 8% of Investment Shares
Pesa Nane plans to be shilingi when he grows up.
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BGL
#73 Posted : Tuesday, February 16, 2016 6:41:05 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
Safaricom Sacco

The AGM will be held on Feb 20th.
Interest on members’ deposits-weighted average = 9%
Dividends rate on share capital (weighted average)= 12%
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Othelo
#74 Posted : Tuesday, February 16, 2016 7:18:08 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
Kenya Bankers approx 7.5% .... classified in my books as thieves
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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C3PO
#75 Posted : Tuesday, February 16, 2016 9:42:24 PM
Rank: Hello

Joined: 10/31/2015
Posts: 3
Location: Nairobi
Kimisitu Sacco: 10.5% on deposits and 40% on shares (same great rates as last year)! AGM on 27th Feb 2016 at St. Andrew's Church Hall starting 0830 hrs EAT.
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Angelica _ann
#76 Posted : Tuesday, February 16, 2016 10:53:11 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
United Women Sacco shares @16.50%
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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Lolest!
#77 Posted : Wednesday, February 17, 2016 7:51:09 AM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Angelica _ann wrote:
United Women Sacco shares @16.50%

Really? Kwani what rates do they lend at?
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
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Sir invest
#78 Posted : Wednesday, February 17, 2016 9:56:56 AM
Rank: Member

Joined: 8/19/2015
Posts: 125
Thats even kidogo some saccos are giving 14%-20% on shares and 12% on deposits.
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Stract_Consulting
#79 Posted : Wednesday, February 17, 2016 5:59:28 PM
Rank: New-farer

Joined: 6/3/2014
Posts: 58
Location: Nairobi
Sir invest wrote:
Thats even kidogo some saccos are giving 14%-20% on shares and 12% on deposits.


SACCOs interest on deposits, will probably not exceed 12% as this is the rate they charge for loans and therefore is unsustainable.

If you want to compare all the deposit taking SACCOs on other financial information check here
Be ignorant and ask a few questions - Peter Drucker
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bird_man
#80 Posted : Wednesday, February 17, 2016 10:16:06 PM
Rank: Veteran

Joined: 11/2/2006
Posts: 1,206
Location: Nairobi
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.
Formally employed people often live their employers' dream & forget about their own.
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