LOANS IN REPAYMENT ARREARS

Dear Member, RE: LOANS IN REPAYMENT ARREARS Further to our various circulars and pursuant to regulatory and financial reporting requirements, all members in repayment arrears are expected to regularize their loans accounts. We are required to make provisions for such loans in the financial statements, which reduces the dividends payable to all members of the Sacco. We wish to advise as follows: 1.    

COMPLIANCE WITH UNCLAIMED FINANCIAL ASSETS REGULATIONS

Dear Members, RE: COMPLIANCE WITH UNCLAIMED FINANCIAL ASSETS REGULATIONS Further to our circular dated 11th May 2021, and pursuant to the provisions of The Unclaimed Financial Assets Act and the Sacco Societies Act, we wish to advise as follows: Uncollected Dividends/Interest on Deposits Those amounts that have been outstanding for 3 yearsor more and will not have been claimed by 30th September 2022 will

New Member Contributions

Dear Member, Further to the circular dated 15th August 2022 regarding expansion of the common bond, minimum contribution details are as follows: Click Here for additional information and to download the Membership Application Forms. Thank you. Philip Muchiri Hon. Secretary