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Mwalimu Sacco Shares Formula On How To Calculate Dividends

Mwalimu Sacco Nairobi Branch AGM was held on Saturday 27th February 2021 at Public Service Club Upper Hill from 9:00AM. During the meeting a number of things were discussed.

The sacco sent saying, "Dear Member, in line with promoting your financial strength,the following bonus rates are applicable if you capitalize your 2020 dividends and rebates."

1. 100% capitalization of dividends and rebates will earn you 10% of the amount capitalized.

2. 75% capitalized of dividends and rebates will earn you 7.5% of the amount capitalized.

3. 50% capitalized of dividends and rebates will earn you 5% of the amount capitalized.

4. 25% capitalized of dividends and rebates will earn you 2.5% of the amount capitalized.

Is there a general problem accessing funds from ATMs as well as account to Mpesa, or am I dealing with challenges of a personal nature?

Teachers have been enjoying Dividends in other saccos. Cosmopolitan Sacco was among the first to release the fund.

Content created and supplied by: Kamau411 (via Opera News )

Mwalimu Sacco

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