Sacco Performance

[Aviator]

Saccos are promising to be the next best investment option after churches. With dividends of 17pc p.a, this is by any standards a very worthy investment.

Windfall as Saccos open double-digit dividend purses

Savings and Credit Co-operative Societies (Saccos) have resumed paying higher dividends after a difficult two years when the Covid-19 pandemic led to calls to conserve cash.

www.businessdailyafrica.com

 

[Okiya]

Which are these investments that SACCOs put the money in that they can afford to pay dividends of 17%?

 

[Aviator]

Which are these investments that SACCOs put the money in that they can afford to pay dividends of 17%?

Mburoti maguta maguta

 

[Cortedivoire]

Sacco is for loans nothing else

 

[JazzMan]

next best investment option after churches

 

[Denis Young]

Supernormal yields in SACCO's are an indication that you should avoid them. It is not sustainable.

 

[Ubongo]

Mburoti maguta maguta

Nah.... they invest in government bonds.

 

[Okiya]

Nah.... they invest in government bonds.

So they invest in bonds that earn them income of 12% but give members 17%.

 

[Ubongo]

So they invest in bonds that earn them income of 12% but give members 17%.

It's not sustainable....the ones that offers high dividends are quite few and most probably they have very low membership... meaning they are trying to attract members which basically it is a red flag.
Dividends shouldn't be above 13%

 

[Aviator]

It's not sustainable....the ones that offers high dividends are quite few and most probably they have very low membership... meaning they are trying to attract members which basically it is a red flag.
Dividends shouldn't be above 13%

What of those have done that for 7+ years consistently?

 

[Ubongo]

What of those have done that for 7+ years consistently?

Their books of accounts needs to be scrutinized. 17% is extremely high

 

[Kasaman]

Their books of accounts needs to be scrutinized. 17% is extremely high

No ,the interest is not pornographic, saccos should be posting better if they maintained kibaki regime trojectory

 

[Aviator]

No ,the interest is not pornographic, saccos should be posting better if they maintained kibaki regime trojectory

Isorait.
@Introvert where's the Tata?

 

[Kasaman]

Isorait.
@Introvert where's the Tata?

I knew it !
Exponential wewe
Join stima sacco, they are doing wonders, better than Tai sacco

 

[Aviator]

I knew
Exponential wewe