Dear Member,

RE: DIVIDEND ADVANCE

We wish to inform you that you can now apply for Dividend Advance up to a maximum of 50% of the expected dividend. The interest charge on the dividend advance is 5% which together with the amount advanced is recoverable from the final dividend.

The calculation of the dividend will be based on a Weighted Average Rate.

Members in loan repayment arrears do not qualify for the dividends advance.

Please fill out the attached Application Form and forward it to: info@kentours.co.ke. It can also be hand-delivered to the Sacco office.

For any clarification, please contact the office.

Yours faithfully,

Philip Muchiri
Hon. Secretary