WHAT IS A SACCO? | BENEFITS OF JOINING A SACCO | WHAT TO CONSIDER BEFORE YOU JOIN A SACCO

[@jalupot]

I have watched this video again and again. Thank you

[@memiaskitchen7874]

The information is very precise and accurate

[@cherutojune]

Thank you for your feedback.

[@patiencemagoola101]

Thank you very much. Watching from Uganda

[@cherutojune]

Welcome 🤗

[@victorkiprotich7851]

very informative cheers!

[@cherutojune]

Thank you.

[@jalupot]

Powerful delivery,, thank you. Hello from Uganda.

[@cherutojune]

Thank you Judith.

[@royaseka2036]

Very good content, but please improve on the audio. You could start by positioning the mic closer.

[@cherutojune]

Thank you for the feedback. I'll improve on that.

[@rk_nyra]

Very helpful content...thank you for sharing! Link to said next video please.... Recommended saccos...

[@cherutojune]

Hello. I'll share the video by the end of next week. I relocated to another country and settling plus picking up with studies hasn't been a walk in the park. However, I'm now back to content creation on a weekly basis going forward. Thank you for watching.

[@cherutojune]

kzbin.info/www/bejne/e562loeeftR6Z5o&si=EnSIkaIECMiOmarE Hey, here's the link to the video you requested.

[@leoncekanugwe530]

Good content! Thank u

[@nathanieloloo5928]

Wonderful content

[@cherutojune]

Thank you.

[@chumajuliet260]

Thanks for this , am a new member joining a Sacco, if i save like 25k then they give me a aloan of thrice of my savings, how much will I be paying in total

[@cherutojune]

Hello, thank you for your feedback. The amount of repayment depends on the number of months that you take to repay. Most saccos charge a 1% p/m interest rate, reducing balance. This means that the fewer the months you take the lesser the interest.

[@creativetelevision8134]

Good job

[@cherutojune]

Thanks bro!

[@haronayunga]

Which are the best saccos at now

[@cherutojune]

We have several. Imarisha, Stima, Police, Mhasibu, Kimisitu...now you have to do your due diligence and also check where you shall easily get guarantors when you need a loan. Check the return trends of the sacco to its members as well.

[@Mercy-v3y]

Am in stimma Sacco,and isave through prime account....bt ihave savings On deposits account,is there any problem

[@cherutojune]

Hello. I am not sure if I really understood your inquiry. Do you mean you have a FOSA account at Stima or? Are you also a sacco member doing regular deposits on a sacco savings account that allows you to take loans? Please clarify. Thank you.

[@Mercy-v3y]

@@cherutojune mimi n member stimma Sacco,kna alpha deposit accounts,prime account then shares,bt me nilichagua ksave na alpha deposit accounts.. because I can't withdraw,prime account ican with draw,n first time am saving with Sacco,is there any problem with that

[@franciskimosop7085]

Nowadays Sacco's offer loans with same rates as banks ,kuna kuchezwa mahali ama?

[@cherutojune]

No, they don't offer with the same rates. Saccos apply reducing balance method, per month. Most Saccos charge 1% per month reducing balance.

[@axinsli4170]

As a nzungu, I thought Sacco is the Matatu group?

[@cherutojune]

Hello. 😆 No, it's a financial institution, for saving and investment.

[@ericko254]

Ae june mambo. Nili join digital sacco iko aje lakin?

[@cherutojune]

Hello, thank you for reaching out. I may not have a comprehensive report about them due to the time that they've been in operation. I also don't have any members to refer to. However, I'm sure you did your due diligence properly especially on regulation status and history over the time they've been in operation.

[@Michaelnjuguna1]

What SACCO are you in?

[@cherutojune]

Hello, I'm a member of Kimisitu and Stima Sacco.

[@jaredkipyegon1503]

I wanna join a Sacco

[@cherutojune]

Investing in a Sacco is the best way to grow your wealth. Feel free to consult anytime.