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Invest in AgroChem SACCO

AgroChem SACCO

Share Capital: KES 1000000

Regulated

Trading

  • Total Assets0.17 B
  • Total Deposits 0.11 B
  • Gross Loans 0.10 B
  • Total Income 0.03 B

In Brief

  • Average Share PriceKsh.017
  • Existence 41 years
  • Shares Bid 4500
  • Shares Offered 50000

In Summary

Agro-Chem Sacco Society Limited is a savings and credit organisation that was formed to help Agro Chemical & Food Company Limited employees save and acquire loans at modest interest rates in 1983. The Sacco has since opened its common bond to accommodate all and sundry, including civil servants, businesspeople, and employees from accredited institutions within Kenya.
The Sacco was formed to provide three basic Sacco loans to its members: development loans, school fee loans, and emergency loans. Due to exploitation by commercial banks, Agro-Chem Sacco Limited introduced FOSA services to its members in 1999, with a total membership of 40. This number has since grown to 1,500, with about 1,052 active members as of December 31, 2021.

 

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