WHAT IS A SACCO? | BENEFITS OF JOINING A SACCO | WHAT TO CONSIDER BEFORE YOU JOIN A SACCO

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  • Опубликовано: 29 окт 2024

Комментарии • 36

  • @jalupot
    @jalupot Год назад +4

    I have watched this video again and again. Thank you

  • @memiaskitchen7874
    @memiaskitchen7874 Месяц назад +1

    The information is very precise and accurate

    • @cherutojune
      @cherutojune  Месяц назад

      Thank you for your feedback.

  • @victorkiprotich7851
    @victorkiprotich7851 Год назад +2

    very informative cheers!

  • @patiencemagoola101
    @patiencemagoola101 3 месяца назад +1

    Thank you very much. Watching from Uganda

  • @jalupot
    @jalupot Год назад +2

    Powerful delivery,, thank you. Hello from Uganda.

  • @leoncekanugwe530
    @leoncekanugwe530 Год назад +2

    Good content! Thank u

  • @nathanieloloo5928
    @nathanieloloo5928 Год назад +2

    Wonderful content

  • @rk_nyra
    @rk_nyra Год назад +2

    Very helpful content...thank you for sharing!
    Link to said next video please.... Recommended saccos...

    • @cherutojune
      @cherutojune  Год назад

      Hello. I'll share the video by the end of next week. I relocated to another country and settling plus picking up with studies hasn't been a walk in the park. However, I'm now back to content creation on a weekly basis going forward. Thank you for watching.

    • @cherutojune
      @cherutojune  Год назад

      ruclips.net/video/EmSeThIoG18/видео.html&si=EnSIkaIECMiOmarE
      Hey, here's the link to the video you requested.

  • @royaseka2036
    @royaseka2036 Год назад +2

    Very good content, but please improve on the audio.
    You could start by positioning the mic closer.

    • @cherutojune
      @cherutojune  Год назад

      Thank you for the feedback. I'll improve on that.

  • @creativetelevision8134
    @creativetelevision8134 2 года назад +1

    Good job

  • @chumajuliet260
    @chumajuliet260 5 месяцев назад +1

    Thanks for this , am a new member joining a Sacco, if i save like 25k then they give me a aloan of thrice of my savings, how much will I be paying in total

    • @cherutojune
      @cherutojune  5 месяцев назад

      Hello, thank you for your feedback. The amount of repayment depends on the number of months that you take to repay. Most saccos charge a 1% p/m interest rate, reducing balance. This means that the fewer the months you take the lesser the interest.

  • @Mercy-v3y
    @Mercy-v3y 5 месяцев назад +1

    Am in stimma Sacco,and isave through prime account....bt ihave savings On deposits account,is there any problem

    • @cherutojune
      @cherutojune  5 месяцев назад

      Hello. I am not sure if I really understood your inquiry. Do you mean you have a FOSA account at Stima or? Are you also a sacco member doing regular deposits on a sacco savings account that allows you to take loans? Please clarify. Thank you.

    • @Mercy-v3y
      @Mercy-v3y 5 месяцев назад

      @@cherutojune mimi n member stimma Sacco,kna alpha deposit accounts,prime account then shares,bt me nilichagua ksave na alpha deposit accounts.. because I can't withdraw,prime account ican with draw,n first time am saving with Sacco,is there any problem with that

  • @haronayunga
    @haronayunga 8 месяцев назад +2

    Which are the best saccos at now

    • @cherutojune
      @cherutojune  8 месяцев назад +1

      We have several. Imarisha, Stima, Police, Mhasibu, Kimisitu...now you have to do your due diligence and also check where you shall easily get guarantors when you need a loan. Check the return trends of the sacco to its members as well.

  • @franciskimosop7085
    @franciskimosop7085 2 года назад +2

    Nowadays Sacco's offer loans with same rates as banks ,kuna kuchezwa mahali ama?

    • @cherutojune
      @cherutojune  2 года назад +2

      No, they don't offer with the same rates. Saccos apply reducing balance method, per month. Most Saccos charge 1% per month reducing balance.

  • @axinsli4170
    @axinsli4170 Год назад +1

    As a nzungu, I thought Sacco is the Matatu group?

    • @cherutojune
      @cherutojune  Год назад +1

      Hello. 😆 No, it's a financial institution, for saving and investment.

  • @ericko254
    @ericko254 Год назад +1

    Ae june mambo. Nili join digital sacco iko aje lakin?

    • @cherutojune
      @cherutojune  Год назад

      Hello, thank you for reaching out. I may not have a comprehensive report about them due to the time that they've been in operation. I also don't have any members to refer to. However, I'm sure you did your due diligence properly especially on regulation status and history over the time they've been in operation.

  • @Michaelnjuguna1
    @Michaelnjuguna1 3 месяца назад +1

    What SACCO are you in?

    • @cherutojune
      @cherutojune  3 месяца назад

      Hello,
      I'm a member of Kimisitu and Stima Sacco.

  • @jaredkipyegon1503
    @jaredkipyegon1503 2 года назад +2

    I wanna join a Sacco

    • @cherutojune
      @cherutojune  2 года назад +1

      Investing in a Sacco is the best way to grow your wealth. Feel free to consult anytime.