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Invest in Nyambene Arimi SACCO

Nyambene Arimi SACCO

Share Capital: KES 1,000,000

Regulated

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Trading

  • Total Assets0.27 B
  • Total Deposits 0.13 B
  • Gross Loans 0.22 B
  • Total Income 0.07 B

In Brief

  • Average Share PriceKsh 62
  • Existence 30 years
  • Shares Bid 0
  • Shares Offered 31,500

In Summary

This society was registered in 1994 as Kiegoi Tea Growers SACCO Ltd. under the Co-operative Societies Act, Cap. 490 of the of the Laws of Kenya.
After registration, the society offered only back office service activity (BOSA) services up to late 1997. In the same year, multinational banks pulled out of several major towns within the country, Maua included. This subjected farmers to costly, risky, and inaccessible banking services, which were available only in Meru Town. In 1998, the society commenced a Front Office Service Activity (FOSA) with 14 (fourteen) members of staff. 

Expansion of services and desire to serve a wider scope of membership necessitated the need to open society to a to a common bond to allow membership of general members of the public residing in Meru-North District and its environs. Amending the society by-laws in 2004 and changing the name of the name of the society  from Kiegoi Tea Growers SACCO to Nyambene Arimi SACCO Society Ltd. achieved this new objective, currently serving all people countrywide.

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

Get In Touch

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

Phone: +254 723 373999

Email: shares@asx.co.ke

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