Fechim Investments Limited, originally established in 1992 by four Kagumo High School alumni, transitioned from a small savings and investment club to an investment company with 29 diverse shareholders between the ages of 37 and 71. Its early years relied on member contributions, primarily invested in local capital markets. However, a significant shift occurred in 2003 with economic growth and a bullish stock market, leading to a more robust financial position. By 2011, Fechim had diversified its portfolio into real estate and shares of non-listed companies.
During 2005 to 2013, Fechim expanded its capital through rights issues and new shareholders, growing to 29 shareholders. The company is a founding member of the Kenya Association of Investment Groups, an organization supporting investment groups nationwide. In 2010, Fechim played a pivotal role in establishing Amalgamated Chama Limited, which facilitates investment group access to diverse investment opportunities.
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