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UNAITAS
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enyands
#991 Posted : Saturday, March 26, 2016 6:46:10 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
jerry wrote:
enyands wrote:
jerry wrote:
We need to have a true delegate from Wazua who can inform us adequately. Otherwise, if the ADM was really done, getting info seems like squeezing water out of stone!



Jerry how different is ADM from AGM,and who qualifies for ADM in this case UNAITAS.

AGM is open to all members and there is normally no much incentive given by SACCOs to attend. This normally applies to SACCOs whose membership is drawn from a small geographical area meaning it's possible for all the members to attend.

In contrast, ADM applies to SACCOs that cover a wide geographical area and it's normally difficult for most members to attend without an "inducement". Since it's not practical to pay everyone, sections/(constituencies) of the members come up with representatives/delegates who represent them in an ADM. In some instances the ADM is mis-used by the Directors to pass unpopular resolutions with the payments they (delegates) receive serving as "chicken".


Well explained thank you
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enyands
#992 Posted : Saturday, March 26, 2016 6:48:25 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
streetwise wrote:
Keeping the registar open is fine as this is the cheapest way to raise capital. To gurd agaist dilution one needs to keep on buying .. at the rnd it will pay off handsomely


What if you took loan and can't top up before repayment is over just sit and get dissolved
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Aguytrying
#993 Posted : Saturday, March 26, 2016 10:16:30 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
enyands wrote:
streetwise wrote:
Keeping the registar open is fine as this is the cheapest way to raise capital. To gurd agaist dilution one needs to keep on buying .. at the rnd it will pay off handsomely


What if you took loan and can't top up before repayment is over just sit and get dissolved


We also need to know the progress / plan to becoming a bank. And when the register will be closed.
The investor's chief problem - and even his worst enemy - is likely to be himself
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enyands
#994 Posted : Saturday, March 26, 2016 11:30:45 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
Aguytrying wrote:
enyands wrote:
streetwise wrote:
Keeping the registar open is fine as this is the cheapest way to raise capital. To gurd agaist dilution one needs to keep on buying .. at the rnd it will pay off handsomely


What if you took loan and can't top up before repayment is over just sit and get dissolved


We also need to know the progress / plan to becoming a bank. And when the register will be closed.


Aguytrying I didn't know you are in this boat.i thought you are on premier league for Akina vvs,hisah,mnadii ,Cde and the rest.Laughing out loudly sio sisi watu wa sofapaka league

Besides I wish we can know what the ADM meeting was all about especially the closure
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jerry
#995 Posted : Tuesday, March 29, 2016 6:31:25 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Anybody who can confirm receipt/crediting of dividends?
The opposite of courage is not cowardice, it's conformity.
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Sakangu
#996 Posted : Tuesday, March 29, 2016 8:56:39 PM
Rank: New-farer

Joined: 12/1/2010
Posts: 37
Location: Nairobi
jerry wrote:
Anybody who can confirm receipt/crediting of dividends?


I called today, was told to check tomorrow, but I was promised it will certainly be there by Friday if not updated by tomorrow.
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jerry
#997 Posted : Tuesday, March 29, 2016 9:12:28 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Sakangu wrote:
jerry wrote:
Anybody who can confirm receipt/crediting of dividends?


I called today, was told to check tomorrow, but I was promised it will certainly be there by Friday if not updated by tomorrow.

Thanks @Sakangu. Let's wait for tomorrow.
The opposite of courage is not cowardice, it's conformity.
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enyands
#998 Posted : Tuesday, March 29, 2016 9:14:13 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
Sakangu wrote:
jerry wrote:
Anybody who can confirm receipt/crediting of dividends?


I called today, was told to check tomorrow, but I was promised it will certainly be there by Friday if not updated by tomorrow.

6
Sakangu are they going to credit your unaitas bank account ama the bank you instructed them to creditlike kcb or still are they going to send you a cheque?
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  | | Edit by user: Tuesday, March 29, 2016 9:28 PM | Reason: Not specified
kimanimsc
#999 Posted : Tuesday, March 29, 2016 9:31:08 PM
Rank: Member

Joined: 5/4/2015
Posts: 241
Location: Kahno
enyands wrote:
Sakangu wrote:
jerry wrote:
Anybody who can confirm receipt/crediting of dividends?


I called today, was told to check tomorrow, but I was promised it will certainly be there by Friday if not updated by tomorrow.

6
Sakangu are they going to credit your unaitas bank account ama the bank you instructed them to creditlike kcb or still are they going to send you a cheque?

Normally goes to the UNAITAS account.
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heri
#1000 Posted : Wednesday, March 30, 2016 8:14:00 AM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
kimanimsc wrote:
enyands wrote:
Sakangu wrote:
jerry wrote:
Anybody who can confirm receipt/crediting of dividends?


I called today, was told to check tomorrow, but I was promised it will certainly be there by Friday if not updated by tomorrow.

6
Sakangu are they going to credit your unaitas bank account ama the bank you instructed them to creditlike kcb or still are they going to send you a cheque?

Normally goes to the UNAITAS account.


Yes, i have asked for a statement of my account and they have credited it already
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