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Invest in P.C.E.A Kayole SACCO

P.C.E.A Kayole SACCO

Share Capital: KES 1,000,000

Regulated

Trading

  • Total Assets0.834 B
  • Total Deposits 0.691 B
  • Gross Loans 0.605 B
  • Total Income 0.076 B

In Brief

  • Average Share PriceKsh.44
  • Existence 19 years
  • Shares Bid 0
  • Shares Offered 57,000

In Summary

P.C.E.A Kayole SACCO,Is a regulated non withdrawal deposit taking SACCO regulated by SASRA and was started in October 2005 with the objective of promoting the welfare of its members by affording them an opportunity for accumulating their savings and deposits, hence creating a source of funds from which loans can be made available at a fair and reasonable rate of interest.

The Society’s membership has grown from 900 members in 2011 to more than 7000 today. In the same period, members’ deposits have grown from KES 27 million to over KES 500 million. 

The membership of the SACCO is not tagged to church members but open across the bond. The SACCO derives its mandate from the Co-operative Societies Act and its By-laws.
 

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