Attn: Business Desk
For immediate Release
Asset Finance Product for Kenyans living in Diaspora is up for grabs!
Imarisha Sacco Society Limited has introduced an Asset Finance product, a self-securing loan product for the financing of lands, real estates or buildings. Imarisha Sacco is calling upon Kenyans living in the diaspora to acquire this loan product from Kenya’s leading savings and credit financial institution.
A title deed or a log book is needed as security for one to qualify for this loan product. The Sacco offers competitive rates and flexibility in repayment as you acquire new assets. The Sacco takes upon itself to develop property such as land, buildings or real estate on customer’s behalf while at the same time offering free investment education and timely advice to its members. In addition, Imarisha Sacco offers security of investment upon identification of property without the need for any additional guarantors.
This new product comes in the wake of the Sacco’s successful growth rate of 13.1% of Ksh 5,848,789,639 in savings in the last financial year compared to Ksh 5,171,881,171of the previous year despite the tough economic times. Imarisha Sacco disbursed a total of Ksh 8,421,562,820 in 2017 compared to Ksh7,024,189,967 in 2016. This phenomenal growth is attributed to prudent management that has led to increase in customer base as well as transformative programs aimed at making the Sacco more vibrant.
The Sacco is banking on the goodwill from the society’s membership that include Kenyans living in the diaspora and good management that has led to increase in membership through prudent savings and credit facilities.
Imarisha Sacco Society Ltd is one of Kenya’s leading savings and credit cooperatives offering financial services to its members. The Sacco was first registered in 1978 as a teachers’ Sacco but has since opened its doors to all professionals and entrepreneurs from all walks of life.