Why Saving In Sacco Is A Better Deal Than The Bank- Elizabeth Mudogo, Safaricom Sacco

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[@akechgeorgeotieno]

I love this lady passion and presentation

[@onelife7850]

This lady is up to the task- very intelligent. For every proposal or response, she gives an example.

[@newtonoluoch8103]

She is very passionate about her work. That's nice seeing how it feels to work doing what you love ❤

[@jkaduda]

There is always a chance to save even when you are a very low income earner

[@raheloyugi]

Elizabeth Mudogo you have done it

[@taekwondofamilykenya4927]

This is very enlightening.

[@KimFaolo]

The only show that makes me breakout laughing organically. CT especially!

[@quincykiptoo712]

We love CT!!!!

[@JimclancyOtieno]

such informative answers👍

[@jkaduda]

Land is very tricky. Note there is a component of maintainence, the governing environment vi's a vi's the Land ministry is definitely a very high risk investment. If you get it right, then you are good to go. So it depends on the treshholds of your risk appetite.

[@gabrielogaja8722]

Hapo kwa Ruto, umeharibu the whole interview

[@poghonme7132]

Am waiting for this video to be the first person watching

[@unicornstable667]

How does saving protect or save from inflation?

[@Nyangateongeri]

Interest earned is able to compensate

[@Play_Streams]

The interest earned, but it of course needs to be much higher than the inflation rate.

[@godfreyngunyi956]

Hi. Can one belong to more than one sacco because I am in another one?

[@hotairchasingwildgoose7286]

Yes,as many as you want

[@dotgazelle]

No, you cannot. The law doesn't allow

[@hotairchasingwildgoose7286]

@@dotgazelle which law?iam in two saccos.

[@dotgazelle]

You have so far escaped coz no one checks...laissez aller in the sector. Consult the legal office of either of your saccos for more information

[@tgmarigi9389]

Yes you can belong to multiple saccos.

[@stephenimbo5830]

Correction. Inflation eats on your savings. 1000 shillings today will be worth less than 1000 1 month down the line. I hope that the interest income on the savings is enough to compensate the saver for loss in value caused by inflation. But when all is said and done saving for a rainy day is good practice

[@kowtharlathaninspirational8838]

Do they interest free loans?

[@wealthwise247]

No. Loan isn't free. Comes at a cost.
but interest is paid on your savings.
Dividends paid on your shares.

[@katembobyrian2725]

Do the SACCOS check if one is in CRB?

[@wealthwise247]

Yes they do; though it depends on Sacco to Sacco. Their credit policies differ.

[@evarlynkavaya6583]

Present

[@alexmpemba8075]

The fact that is not regulated by central bank. I'm afraid 😨

[@NoahAli_]

The SACCO Societies Regulatory Authority (SASRA) regulates SACCO Societies in Kenya not Central Bank

[@ashakijana1273]

Saccos are regulated by sasra and not cbk

[@wealthwise247]

That's not a reason to worry. They are regulated by SASRA. But regulation is just but one of the check boxes to tick when choosing a Sacco.

[@akechgeorgeotieno]

Land banking

[@xxxyz326]

My people! Have you heard of Mary Ann’s painful experience with this Sacco😢 Please bring us credible stories because the credibility of your platform make us to trust your guests!! Sad!! This one STAY AWAY!!

[@lawrencenjau6477]

But we are losing money in this saccos

[@xxxyz326]

How? Tufungue macho, I’m keen but also apprehensive.

[@salimmaulid5111]

I wanted to join😂

[@cikuciku4345]

How?

[@jacintamwaniki6407]

Is Safaricom sacco the same as SIC

[@georgekimani1245]

No they are different

[@humphreylukoyeopwapo4777]

This is for rich people 😢