If you in rural areas, there are many farmers Sacco to join, like in meru there are several, I joined the most popular "Capital Sacco" since fellow farmers, relatives, neighbors can guarantee me loans, no minimum monthly contribution In urban, I joined stima Sacco, most friendly for any person, 1k minimum monthly contributions, 25k minimum shares(can be paid in a two year installments) I have several family members in it, so I'm assured of guarantors
@@samuelwangui6538 you can guarantee yourself a loan of 70 to 90% of your deposit depending on the sacco, for more loan try convincing family members or friends to join or join a Facebook group for the sacco and find people who can guarantee you otherwise join another sacco where you have family and friends as members
@@comedytrends between share and saving where should I put more ...coz the sacco am into said my shares are the one which will be looked at in terms of me getting aloan
@@samuelwangui6538 deposits not shares shares maintain the minimum required, it's risky to have more since they are not refundable unless transferring to another member at a loss. am sure deposits are the ones that are used for loans.
Manze, Olive you're a seasoned trainer in business and investment manenos. Your content is educative, fun and engaging! I enjoy watching your content TILL THE VERY END! Keep it up Olive!👍
Hello Alex, Thank you so much for your feedback. We keep it informative, educative and engaging always. I am glad I continuously provide value to you all.
It's not, but it's one of the benefits of being in one. If you don't intend to borrow, you can enjoy dividends from your fellow SACCO members who borrow, based on your share amount.
Hello, I don't specialize in SACCO's. So, I can't really help you with that. Ask your friends and family which SACCO's there in or consider the SACCO your colleagues are in as well.
![Megan Thee Stallion - Mamushi (Remix) [feat. TWICE] [Official Audio]](http://i.ytimg.com/vi/5c0_u9PsrsQ/mqdefault.jpg)
If you in rural areas, there are many farmers Sacco to join, like in meru there are several, I joined the most popular "Capital Sacco" since fellow farmers, relatives, neighbors can guarantee me loans, no minimum monthly contribution
In urban, I joined stima Sacco, most friendly for any person, 1k minimum monthly contributions, 25k minimum shares(can be paid in a two year installments) I have several family members in it, so I'm assured of guarantors
This is true. Goes back tothe mantra, join a sacco, where you know people. Easier for you to navigate.
The problem am going Through is that am the only one who saving in sacco in our family and no one can agree to be my guarantor
@@samuelwangui6538 you can guarantee yourself a loan of 70 to 90% of your deposit depending on the sacco, for more loan try convincing family members or friends to join or join a Facebook group for the sacco and find people who can guarantee you otherwise join another sacco where you have family and friends as members
@@comedytrends between share and saving where should I put more ...coz the sacco am into said my shares are the one which will be looked at in terms of me getting aloan
@@samuelwangui6538 deposits not shares
shares maintain the minimum required, it's risky to have more since they are not refundable unless transferring to another member at a loss. am sure deposits are the ones that are used for loans.
Great
Manze, Olive you're a seasoned trainer in business and investment manenos.
Your content is educative, fun and engaging! I enjoy watching your content TILL THE VERY END!
Keep it up Olive!👍
Hello Alex,
Thank you so much for your feedback. We keep it informative, educative and engaging always. I am glad I continuously provide value to you all.
Thanks for the information
My pleasure Vera!
Good stuff..
Thank you!
Very informative! thank you so much and Happy New Year
Yay! You're welcome, and Happy New Year Bernice.
Good content dear💯💯Happy new year to u gyal ❤️❤️
Thank you and Happy New Year to you too.
You are such a superb educator! Keep it up.
Thank you Collins. Keep it locked always.
really informative!
Glad it was helpful!
We are actually doing a project on this😅😅
This is very informative❤️❤️
Thankyou🤗🤗
Thank you girl. Seems I came through eyy.
This is so good thank you
Thank you too! I'm glad you found value.
You mean without a guarantors or an asset,,I can join a sacco but I can never have loan
Clarify pliz
Wow thank you for this wisdom
You are welcome Norine. Thank you for your engagement.
Must we borrow???
Benefits of borrowings 😊
It's not, but it's one of the benefits of being in one. If you don't intend to borrow, you can enjoy dividends from your fellow SACCO members who borrow, based on your share amount.
I am a beginner, dont know any one in any SACCO, I am employed and I think I need to join one..can you help?
Hello, I don't specialize in SACCO's. So, I can't really help you with that. Ask your friends and family which SACCO's there in or consider the SACCO your colleagues are in as well.
But some of us know no one in Saccos, what tips for those of us who know no one in a sacco but want to join it
Join the larger SACCO's. They have systems in place that will benefit you even if you know nobody.
Thank you !
You're welcome Kyoka!
Thanks
Welcome Juma.
Olive how many saccos have you joined so far
None. However, working on joining my parents' sacco this month.
I need a Sacco where I know ppl and where I can get a loan after 6 months
Yes. You know what to do, start asking people in your circle what SACCO's they are in.
New here
Welcome Joyce.
hello,using an asset can i acquire loan more than 3 times my savings
Depends with the Sacco rules.
Mine is 7 times more
@@c.n368which sacco? and do they accept assets?