Page 33 - SACCOStar Mag Vol 46 Press_txt.pdf

SACCO NEWS
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Muthama and Wanandege Chairman, John Bosco Matheka keenly
NEW PRODUCTS
Mr. Matheka reported that the SACCO
introduced a new loan product dubbed
Super Loan QDO@X@AKD VHSGHM XD@QR
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Members should however contribute a
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SPONSORSHIP
Through its annual sponsorship
programme, Mr. Matheka said the
SACCO sponsored two bright students
from the members, to join high schools.
GOVERNANCE
During the meeting, the CEO presented
proposed ammendment to bylaws to
have potential delegates subjected
to vetting before elections in order to
raise the bar on governance.
AWARDS
In keeping with its usual trend, the
SACCO rewarded the top saver in
2018 as well as the top monthly saver.
Highest depositor reward went to KQ
Welfare as Career Direction Ltd (CDL)
walked away with Company of the year
award, based on member recruitment.
Kenya Airways bagged partner of the
year 2018 award.
SACCO PROFILE
Wanandege SACCO was founded and
registered on 22nd June 1997. It
is fully licenced as a Deposit Taking
SACCO, Regulated and supervised
by the SACCO Societies Regulatory
Authority (SASRA).
The Chief guest Mr. George Ototo, Managing Director, KUSCCO Ltd,
invited guests and Wanandege SACCO board directors pose for a
picture at the Pride Centre during ADM 2019.
follow the ADM 2019 proceedings.
SOCIETY OPERATIONS b) )URQW2tFH6DYLQJV$FWLYLWLHV)26$:
Wanandege SACCO Society Ltd S .QCHM@QXR@UHMFR@BBNTMSR
operates through three frontiers S $CTB@SHNMR@UHMFR@BBNTMS$2
namely: S 2HKUDQR@UHMFR@BBNTMS
S !QNMYDR@UHMFR@BBNTMS
S !@BJ.?BD2@UHMFR BSHUHSHDR S &NKCDMR@UHMFR@BBNTMS
(BOSA), S 2ODBH@KR@UHMFR@BBNTMS
S %HWDCCDONRHS@BBNTMS
S %QNMS.?BD2@UHMFR BSHUHSHDR S )TMHNQS@JDN?@BBNTMSR
(FOSA) and S 2@K@QX/QNBDRRHMF
S 13&2$%3
S ,HBQN"QDdit Activities (Business S ,NAHKD!@MJHMF,-CDFD
Loans). S 3,RDQUHBDR5HR@!Q@MCDC
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The SACCO currently has two
branches, one in Nairobi and another Members can also get credit facilities
in Mombasa. through the FOSA by way of the following
short term Loans and Advances that
PRODUCTS AND SERVICES @QDCH?DQDMSH@SDCAXHMSDQDRSQ@SD@MC
a) %DFN2tFH6DYLQJV$FWLYLWLHV repayment period:
(BOSA)
Products and Services: S Salary In advance Loan
S HQKHESKN@MR
S #DUDKNOLDMSKN@M S !@RGKN@M
S 2BGNNKEDDRKN@M S 2GNQSSDQL@CU@MBD
S $LDQFDMBXKN@M S +NMFSDQL@CU@MBD
S 3NOTOKN@M S MMT@KKD@UD
S 1D?M@MBDKN@M S ,@SDQMHSXO@SDQMHSXKN@M
S 2S@QKN@M
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S $KDBSQHB!HJDR+N@M
S 2@E@QHBNL/GNMDKN@M
S TSN"@QDKN@M
Fransiscah Khamala ( left) the Hon. Secretary for Wanandege SACCO follow
closely on the ADM Minutes together with the SACCO Treasurer Mr. John Ngare
31| SACCO Star Magazine