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Invest in Daima SACCO

Daima SACCO

Share Capital: KES 1000000

Regulated

Trading

  • Total Assets1.65 B
  • Total Deposits 1.04 B
  • Gross Loans 1.22 B
  • Total Income 0.28 B

In Brief

  • Average Share PriceKsh.14
  • Existence 33 years
  • Shares Bid 100
  • Shares Offered 20500

In Summary

Daima SACCO Society Limited was established and registered under the Co-operative Societies Act on April 16, 1991. The SACCO draws its membership mainly from tea growers, who are paid through the SACCO by KTDA. In 2010, the SACCO opened its FOSA operations as a way of attracting more members from the wider community and rebranded from Mungania Tea Growers SACCO to Daima SACCO Society Limited. The SACCO’s affairs are governed by the Co-operative Societies Act, 2004; the SACCO Societies Act, 2008; the SACCO Societies Regulations, 2010; and its By-laws, Policies, and Procedures.

The society’s main aim is to promote the economic interests of members by encouraging thrift through the mobilisation of deposits, savings, and investments. 

Daima SACCO Limited is one of the well-recognised SACCOs in Embu County, as it draws technical and financial support from recognised institutions such as the Co-operative Insurance Company (CIC) and the Co-operative Bank.

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