Why a Sacco and not an Investment/Welfare Group?

-: @⁨Lung'afa⁩ why Sacco and not chama/investment group/welfare for a start?

-: Maybe people who are already in the Sacco to answer? 

Chamas are existing and active among Saniagas. 

There is Saniaga Welfare. And their activities are running. 

There is need to develop a strong investment group. When we keep meeting and knowing one another we shall be able to identity one investment to start with. Ideas have already been put here, Saniaga Yoghurt and Saniaga Water among them. Saniaga Media, Saniaga University etc have been mentioned in talks. 

Saniaga Sacco is a scaling up initiative to the present chamas and a potential ground, if well capacitated, to take up greater initiatives.

-: Okay. Now I get it.

-: Welcome. 

Thanks @⁨Mudengani Kisia⁩ for updating your Sacco monies. 

An updated list will be posted here at morning. 

It is Ksh 500/- to register as a Sacco member. Ksh 200/- a share. A minimum of 50 shares (Ksh 10,000/-) bonafies a member. 

This is as we look forward to a near future successful launch of the Sacco. 

Money is paid to Saniaga Cooperative Bank account via Mpesa paybill 400222 and account 218403#Name. 

You are advised to note/keep your sending texts for confirmations. 

- With Thanks