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Invest in Defence SACCO

Defence SACCO

Share Capital: KES 1000000

Regulated

Trading

  • Total Assets3.03 B
  • Total Deposits 2.29 B
  • Gross Loans 1.97 B
  • Total Income 0.25 B

In Brief

  • Average Share PriceKsh.22
  • Existence 5 years
  • Shares Bid 0
  • Shares Offered 67000

In Summary

Defence Savings and Credit Society (DE SACCO) was registered under the Cooperative Society Act Cap 490 on 10 April 2019. The SACCO intends to uplift the members’ social and economic well-being. The membership of Defence SACCO is a closed bond, membership is only open to KDF Service Personnel, both serving and retired. The SACCO aspires to be the financial services provider of choice to its members for the purpose of improving their Socio- economic status following cooperative principles and values.
The idea to establish Defence SACCO was mooted by KDF leadership; this was after realizing the gap experienced by Service Personnel in inculcating the culture of saving and access to affordable and reliable credit facilities.

The SACCO, is located in Water Works Camp Hurlingham, and plans to expand across military establishments countrywide as membership and asset base grow.
 

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