Solution Sacco Board of Directors declared an improved dividend payout to members for the year 2021 at a rate of18% up from 16% in 2020.
Members’ interest on savings was paid at 13% percent up from 12.13%.
Speaking during the 2022 annual general meeting held recently, the Sacco Chairman Mr. Francis Rimberia said the Sacco experienced significant growth for the financial year ended 31st December 2021. Its total assets grew by 30% percent to hit Ksh7.35 billion compared to Ksh 5.64 billion in 2020. Member deposits registered a 45% growth to reach Ksh 1.71billion as revenues hit Ksh1.34 billion.
