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Middle sized Sacco in town looking for serious investors 100k-1M
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Poish
#1 Posted : Tuesday, October 11, 2011 5:52:35 PM
Rank: Hello

Joined: 8/10/2011
Posts: 7
Hey Wazua's
A middle sized Sacco in town is looking for serious investors, people who may be willing to inject cash 100K - 1 M or a move that will boost their capital base for operations. The Sacco has prospects of growth to become a microfinance in the near future. You may post ur email address if interested & I will contact you. Do not miss out on this worthy venture.
Kangaroo
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QW25081985
#2 Posted : Tuesday, October 11, 2011 6:01:17 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
Poish wrote:
Hey Wazua's
A middle sized Sacco in town is looking for serious investors, people who may be willing to inject cash 100K - 1 M or a move that will boost their capital base for operations. The Sacco has prospects of growth to become a microfinance in the near future. You may post ur email address if interested & I will contact you. Do not miss out on this worthy venture.


sacco without a name ?????????? Is it registered ??? whats its track record for performance .... hebu peleka conning somewhere else...
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Hunderwear
#3 Posted : Tuesday, October 11, 2011 6:17:27 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
Is this the new way of raising campaign funds?If not put everything here wachana na emails
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GGK
#4 Posted : Tuesday, October 11, 2011 6:28:11 PM
Rank: Member

Joined: 11/21/2006
Posts: 608
Location: Ruiru
This is new to me,
SACCO soliciting members without even revealing its identity?
Its like unnamed bank asking for deposits.
When seeking for equity, its good to be open.
"..I am because we are. "― Ubuntu, Umtu,
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Stealth
#5 Posted : Tuesday, October 11, 2011 8:44:15 PM
Rank: Member

Joined: 5/3/2010
Posts: 145
Location: East Africa
It always amazes me how some pple just after registering start asking for money. Sincerely it looks like a con job. It may be legit but it still looks like a con.
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shalishali
#6 Posted : Wednesday, October 12, 2011 11:06:32 AM
Rank: Member

Joined: 12/15/2009
Posts: 142
Location: Nairobi
Poish wrote:
Hey Wazua's
A middle sized Sacco in town is looking for serious investors, people who may be willing to inject cash 100K - 1 M or a move that will boost their capital base for operations. The Sacco has prospects of growth to become a microfinance in the near future. You may post ur email address if interested & I will contact you. Do not miss out on this worthy venture.

Middle sized Sacco in town-which town or you thinj all wazuans are Nairobbers? Whats name of the Sacco-vague con atist!!
UKITAFUTA UKABILA UTAKUFA BILA!
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Poish
#7 Posted : Wednesday, October 12, 2011 1:27:13 PM
Rank: Hello

Joined: 8/10/2011
Posts: 7
Kindly advise on how to reach out, without disclosing details, was registered back in 2004 as a SACCO but has not been very active. my email giftpoly@gmail.com
Kangaroo
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  | | Edit by user: Wednesday, October 12, 2011 1:28 PM | Reason: Not specified
bird_man
#8 Posted : Wednesday, October 12, 2011 1:35:04 PM
Rank: Veteran

Joined: 11/2/2006
Posts: 1,206
Location: Nairobi
@Poish....SACCOs are under SASRA while MFIs are under CBK.
How do you plan to transform from a Sacco to MFI?

Why would anyone trust you and the Sacco with their 100K-1M if you cant even disclose your name?
Formally employed people often live their employers' dream & forget about their own.
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Gathige
#9 Posted : Wednesday, October 12, 2011 4:22:40 PM
Rank: Elder

Joined: 3/29/2011
Posts: 2,242
@ Poish,

It does not inspire alot of confidence when you seek 100k-1m within less than a week of joining this forum. SACCO are best at sourcing deposits from members within a "common bond". Try to grow your SACCO organically and with time outsiders will notice you and express interest in joining.

All the best, but not with my money
"Things that matter most must never be at the mercy of things that matter least." Goethe
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Chaka
#10 Posted : Wednesday, October 12, 2011 4:22:55 PM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
Poish wrote:
Kindly advise on how to reach out, without disclosing details, was registered back in 2004 as a SACCO but has not been very active. my email giftpoly@gmail.com

How many members are you?Have you held AGM's each year as it it mandatory and presented your audited accounts?
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