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Invest in Lengo SACCO

Lengo SACCO

Share Capital: KES 1,000,000

Regulated

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Trading

  • Total Assets0.48 B
  • Total Deposits 0.32 B
  • Gross Loans 0.37 B
  • Total Income 0.10 B

In Brief

  • Average Share PriceKsh.40
  • Existence 48 years
  • Shares Bid 0
  • Shares Offered 39,000

In Summary

Lengo SACCO ltd was started back in 1976 and was officially registered on the 24th March in the same year. The SACCO was allocated an office at the Malindi Municipal yard where it started its operations. 
This SACCO was formed by employees of the defunct Municipal Council of Malindi who had the aim of pooling their savings together with the aim of savings and borrowing loans to uplift their standards of living.

In 2009, the SACCO opened its common bond and allowed the casuals who were being employed to join the SACCO. Further in 2010 the SACCO allowed business men and other individuals outside the common bond to join the SACCO and give it more strength.

In order to achieve a solid growth, the SACCO managed to open a front office in 2010. By the time the front office was started the SACCO had a total membership of 218 and to date the SACCO’s membership has grown to over 18,000.

The SACCO was officially licensed by the SACCO regulatory Authority in the year 2012 where it was given the mandate to carry out the deposit taking activity.
 

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Free support: +254 723 373999   |   Email: shares@asx.co.ke

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Address: P.O. Box 773-00517, Nairobi, Kenya.

Phone: +254 723 373999

Email: shares@asx.co.ke

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