Family Bank set to auction Urithi Sacco’s Sh1bn land in Thika, this is after High Court dismissed a case filed by 36 Sacco members that sought to bar

[Meria]

As early as April 2019, the Sacco was facing financial problems that culminated into a meeting with the clients where Samuel Maina got away because he lied that he was going to get a sh3 billion loan from Uhuru Kenyatta’s government.

In that meeting, there were complaints that members had not gotten their title deeds, some for more than 5 years. Other members were angered by the slow pace of construction.

Panorama Gardens, Olive Tola Project, Nakuru Kiambogo Bungalows, Birmingham Woodlands City etc are some of the projects clients were complaining about in 2019.

Fast forward to 2020, disgruntled clients of the Sacco have formed a Telegram group to share ideas of how to tackle the Sacco.

Many members, after waiting for more than 5 years are now getting smart knowing that Urithi has been a scam all along. Most of them are even warning their relatives abroad about the loss-making rogue Sacco.

 

[Aviator]

Wako na ¾m yangu. Na walikataa kunipea loan

 

[Ramses]

Wako na ¾m yangu. Na walikataa kunipea loan

Almost fell for these scammers back in 2014..... But then I found them too pushy and willing to take any amount for deposit which just didn't sound right

 

[Aviator]

Almost fell for these scammers back in 2014..... But then I found them too pushy and willing to take any amount for deposit which just didn't sound right

I personally believe the failure of Urithi is not by design, but rather the directors being too ambitious and biting mote than they can swallow. Add banks letting them down and bad word spreading, and Urithi just couldn't survive.

It saved me once. In a big way.

 

[Magreb]

where Samuel Maina got away because he lied that he was going to get a sh3 billion loan from Uhuru Kenyatta’s government.

How exactly was he to do it? Wakenya waache kunywa maji ya ujinga.

 

[mzeiya]

Sasa @OP ukiweka story yote kwa title,bado unataka tucrick?
Anyway...

 

[Ubongo]

Most of these land companies ni scams. The people who benefits are the initial risk takers. Cytonn imefikisha watu wapi.

 

[Cortedivoire]

Wacha wanukishe kitunguu na midro class

 

[Gikonyo]

Nahii mambo na mashamba watu wanatwpeliwa kwelikweli

 

[Nattydread]

Ukikusanya mita yako moja, tafuta buroti isiyo maguta sana, ujijengee pole pole na uingie ndani hata kabla ya tairo. Hii mambo ya vikundi ni hatari.

 

[Makmende]

As early as April 2019, the Sacco was facing financial problems that culminated into a meeting with the clients where Samuel Maina got away because he lied that he was going to get a sh3 billion loan from Uhuru Kenyatta’s government.

In that meeting, there were complaints that members had not gotten their title deeds, some for more than 5 years. Other members were angered by the slow pace of construction.

Panorama Gardens, Olive Tola Project, Nakuru Kiambogo Bungalows, Birmingham Woodlands City etc are some of the projects clients were complaining about in 2019.

Fast forward to 2020, disgruntled clients of the Sacco have formed a Telegram group to share ideas of how to tackle the Sacco.

Many members, after waiting for more than 5 years are now getting smart knowing that Urithi has been a scam all along. Most of them are even warning their relatives abroad about the loss-making rogue Sacco.

View attachment 46381

Meria kindly attach a link to this storo nisome yote ..