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Invest in Orient SACCO

Orient SACCO

Share Capital: KES 1,000,000

Regulated

Trading

  • Total Assets0.74 B
  • Total Deposits 0.41 B
  • Gross Loans 0.21 B
  • Total Income 0.04 B

In Brief

  • Average Share PriceKsh. 10
  • Existence 27 years
  • Shares Bid 0
  • Shares Offered 72000

In Summary

Orient SACCO was registered on January 21, 1997, under the name Thika District Teachers SACCO and started its operation in April 1997 with a membership of 598. 
A need for a FOSA (Front Office Services Activity) was necessitated by the growth in membership and the need for banking services, which was prompted by the contemptuous treatment given to teachers by commercial banks at that time. However, under the Co-operative Societies Act and the Co-operative Societies Rules, Cap 490, with the sanction of a special resolution by the society’s management board, the society changed its name from Thika District Teachers SACCO to Orient SACCO Society Limited on January 11, 2013.

 

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