EVERYTHING YOU NEED TO KNOW ABOUT SACCOS IN KENYA 🇰🇪

yaani i have been in darkness about financial literacy. Finding you in lynns channel is the best thing that has happened to me. Not me binge watching your channel with a notebook

Hello dear, today is my first day I've ever heard and learned about investing,from Lynn's YouTube,wah I've been in darkness of poverty not knowing where am heading to, thanks very much Susan even if am a class 8 dropout I ve been living hopelessly sinking in to poverty day by day as I grow old,but today you have opened my eyes with too much knowledge God bless you 🙏 I've been in chamas, circles but feared debts/loans coz I had nothing or noone could agree to be a garanter to me,I want to follow you for more lessons hopping this can change my life😢,one question for today if I have savings aren't they enough for the cycle to give me loan without garanters or any accets🤔

This is a very great educational piece, I love it. I am in a Sacco that pays 13% interest PA on savings and 20% dividends on share capital PA. Both have a 5% WHT on the interest/dividends. The 5% WHT is a great motivator for me and that is why I use the Sacco as an investment vehicle for passive income alongside T-bill's and Bonds. The 13% interest on the savings beats majority of the MMFs all the time. The share capital is more like a retirement pension plan alongside infrastructure bonds that are tax exempt. Thanks for the work that you do - information is power.

Watching from Eswatini and I've been looking for such education

Here's where we grow every Friday! Here's HOME! Keep it up coach.

Very insightful & useful information, especially on the difference between deposits and share capital. Thank you Coach Susan.👍🏽

Thank you,this is substantial.

Thanks for your information coach

This has been helpful. Thank you Susan

Great insight.

With SACCOs the withholding tax is 5% as compared to other investments where the tax is as high as 15%

Very insightful 👏

Great insights, Coach Susan! I am learning a lot from you.

Happy Friday too our own sister.Great job❤

I can't sleep without watching susan videos more love ❤

Forever resourceful Finance Friday!, we thank you so profoundly coach❤

This is a whole masterclass

Gosh Susan you are such a great coach

Great information

brilliant ideas,kudos coach Susan