ISSUE 04 – 2016
MEMBERSHIP RECRUITMENT DRIVE Do you know of a friend or relative who wants to join a Sacco? Finnlemm Sacco is giving all members an opportunity to earn money through our membership recruitment drive promotion which started on 1st September 2016 and ends November 30, 2016. Member gets to earn a finder’s fee of Kshs. 1000 […]
Finnlemm Corporate/Chama Meeting
Earlier this year, Finnlemm Sacco rebranded its Chama/Corporate Account. Chamas have become a common savings vehicle in Kenya today. Initially considered a women’s venture, it is now common to come across groups that are comprised of men. Many Chama’s have graduated to become investment vehicles. This is a sign that these groups have the potential […]
HR & Admin Breakfast Meeting
As part of our ongoing strategy to build lasting relationships with our partners, we held a forum mid this year at the Sarova Panafric Hotel. The forum targeted various representatives from our member organizations, especially persons in HR, Administration or Finance department
Highest Savers Meeting
The SACCO has continued to improve in scope and quality of service as demonstrated by growth in business and investments. We have registered reasonable growth in terms of volume of business and overall profitability. We cannot overlook the fact that we operate in a sector of extremely dynamic and volatile environment. Over the years, we […]
ISSUE 03 – 2016
JUNIOR SAVINGS ACCOUNT This account is designed to provide a facility for members to save for their children and help introduce them into the saving habit early in life. Starting your child on a savings plan early can help set him/her up for a secure financial future. Features ¨ Account is run and managed on behalf […]
BENEVOLENT FUND
Some of our contributing members have missed out on the benefits of this scheme simply because they did not provide details of their loved ones as requested. Kindly fill the forms on the link provided to avoid any disappointments. TERMS AND CONDITIONS FOR BENEVOLENT SCHEME ¨ Membership to the scheme shall be to all Sacco members […]
LOAN POLICY UPDATES
CAR LOAN • This loan is purely for personal cars. Maximum limit is Kshs. 3 Million • Cars aged 0 – 3 years to be repaid within 48 months • Cars above 3 years to be repaid within 36 months. • In addition to the purchase required price, members will also be to meet the […]
AGM 2016
Finnlemm Sacco’s 33rd AGM will be held in February next year. Further details will be communicated well in advance to assist in your personal planning.
BoD Nominations
We extended the timelines for all aspiring candidates to submit their nomination forms in preparation for the next AGM. The vacant positions are: • Three (3) on the Board of Directors • One (1) in the Supervisory Committee Nomination Form and details on the election criteria can be downloaded from our website.
Loan Guarantees
Any loan with an exposure of more than Kenya Shillings two million (Kshs. 2M) or where the difference between the member’s . deposits and the loan applied for is equal to or greater than Kshs. 2M will have to be supported by an additional tangible collateral e.g. Title Deed for property within Nairobi and its […]