Actually i concur with Hunderwear and Njunge, from my diversified portfolio my investment saco performed the best returning a lucrative 42% in year 2010. From the way the market looks today investment saco's may just end being the best investment vehicles this year, especially those dealing with real estate. For this reason who has the stats for stima saco which is selling shares? do they have a split savings and investment saco or is it combined saco? anyone who can send the last 5 years finacials?

I've been in SACCO for years... I think we get something like 5%. The Hunderwear one sounds like pyramid scheme. Even if SACCO will offer a loan at 20%, you find that the Sacco borrows from Coop-bank to finance the emergency & Fosa loans so the the net interest income is lower than that of Normal (12%) loan.

Don't expect anything above 5% from a bank as interest on savings.

Why don't you try the 91 day CBK instrument?

mhasibu gave around 11% last year (hearsay) i am not a member,

@ggk.... the taste of the pudding is in the eating... i belong to one that has paid 10.1%- 13% for the last 4 years. The money comes from the short/ovenight term loans... i know coz am in the kitchen brewing tha broth that keeps the committee re-elected year in year out!

We have many Saccos which are doing pretty well. The least dividend my Sacco has paid is 15% for the last seven years. Dont ask me how they arrive at those figures because I dont know. I never put my money is savings account