NAIROBI MEMBERS’ EDUCATION DAY8TH JUNE 2013

CHAIRMAN’S REMARKS

Vision

To be the leading and dynamic Sacco in Eastern and Central Africa.

Mission To empower members of economically by providing a one

stop shop for quality financial services through prudent mobilization of resources

MottoYour Partner To Prosperity

Our Values

Integrity

Equity

Respect

Equality

Honesty

Dedication

Professionalism

The Team.

Board Members

• Kennedy Auka - Chair

• Steve Nyambuka - Vice Chair

• Florence Waiyaki - Hon. Secretary

• Janerose Mwangi - Treasurer

• Florence Oile - Chair, Credit Committee

• Rose Kamoni - Secretary, Credit Committee

• Joshua Kamwere - Chair, Risk & Audit Committee

The Team..

The Board continued..

• Elizabeth Kariuki - Secretary, Business Development &Education committee

• Boaz Waruku- Member, Business Development & Education Committee

Supervisory Committee:

• Collins Bonyo - Chair, Supervisory Committee

• Nicholas Odhiambo - Member, Supervisory Committee

• Edith Karanja - Secretary, Supervisory Committee

Staff Peter Kariuki CEO

Angela Nyanjong’ Finance and Admin Manager

Eunice Kanyi Internal Auditor

Purity Ntoiti Accountant

Catherine Odhiambo Loans Officer

David Karanja Marketing Executive

Gilbert Kirui Assistant Accountant

Edwin Odhiambo Office Assistant

Lilian Mochama Admin assistant

Morris Andande Customer Service Assistant

Staff Leah Koome Receptionist

Rachel Maranga Loans Assistant

Faith Gitari Loans Assistant

Lawrence Guthua Loans Assistant

Nancy Mugoh Loans Assistant.

Hellen Nderui Loans Assistant

Joshua Barake Accounts Assistant

Fridah Keitany Assistant Accountant

Edith Kipsang System Administrator

Joseph Gichingiri Loans Assistant

Strategic Plan Pillars

1.Financial performance2.Operational efficiency3. Customer care objectives4.Human resources management

5.Credit administration

6. Marketing 7. Leadership and governance

Key achievements to date

Financial performance• To increase the society revenue by 25% annually

Achievement

Year 2010 2011 2012Turnover 120,487,664 157,194,678 218,480,325% growth year to year

30.47% 38.99%

Key achievements to date

Credit administration • Increase loan portfolio by 20% annually

Year 2010 2011 2012

Loan portfolio 1,058,460,998 1,421,100,258 1,862,006,719

% growth 34.26% 31.03%

Key achievements to date

Credit administration • Increase deposit base by 25% annually

Year 2010 2011 2012

Members' Deposits 1,070,927,590 1,376,867,603 1,782,390,657

% growth 28.57% 29.45%

Kimisitu performance over 5 years Year 2008 2009 2010 2011 2012

Active Membership 2,873 3,446

4,125

4,697

5,531

Employees 6 8

8

13

17

Members Deposits 607,579,750 809,234,230

1,070,927,590

1,376,867,603

1,782,390,657

Loans to Members 640,758,930 807,266,755

1,058,460,998 1,421,100,258

1,862,006,719

Total Assets Base 704,361,408 939,016,050

1,233,251,820

1,597,952,594

2,084,163,027

Dividend rate 10% 10% 9.7% 10% 10.3%

Ongoing/upcoming Plans

• Web portal: To enhance customer service

• FOSA set up in 2014:

• Deposits Mobilization

• Governance-Sacco to consider changing from AGM to ADM(Annual Delegates Meeting) where each organization will send a representative

Thank you