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Invest in Lainisha SACCO

Lainisha SACCO

Share Capital: KES 1,000,000

Regulated

Trading

  • Total Assets0.55 B
  • Total Deposits 0.31 B
  • Gross Loans 0.37 B
  • Total Income 0.07 B

In Brief

  • Average Share PriceKsh.37
  • Existence 31 years
  • Shares Bid 0
  • Shares Offered 97,000

In Summary

On 21st January 1993, Mwea Rice Farmers SACCO was established under the ministry of Co-operative development and Marketing as an Autonomous Savings and Credit Organization.
The society mainly drew its' members from rice farmers in the main Mwea Irrigation Scheme which comprises of five sections namely: - Tebere, Mwea, Thiba, Wamumu and Karaba.

In November 2014, The Society rebranded to Lainisha SACCO Society and opened its common bond.
Since then, the Society accepts membership from individuals of all walks and professions including; Civil Servants, Youth & Women Groups, Small scale Traders like Mamamboga/BodaBoda, Horticultural Farmers Business people, etc. and has been able to recruit over 7,000 new members from this sectors.

The SACCO Operates as a going concern and has operations in both FOSA and BOSA.
 

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