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Siringi		#51 Posted : Saturday, November 09, 2013 6:47:55 AM
Rank: Elder Joined: 6/8/2013 Posts: 2,517		mwekez@ji wrote: Gordon Gekko wrote: My memory fails me, but I seem to remember EAPC once took a yen denominated loan which nearly brought it to its knees When did they borrow the yen loan? ......................................... FY06 Fx gain; Kes. 308.2M FY07 Fx gain; Kes. 307.3M FY08 Fx loss; Kes. 414.4M FY09 Fx loss; Kes. 921.2M FY10 Fx loss; Kes. 533.7M FY11 Fx loss; Kes. 655.9M FY12 Fx loss; Kes. 61.5M FY13 Fx gain; Kes. 594.1M A very cheap loan though at 2.5% interest rate compared to kenya loans at 18% and a high of 24% last year Rink ===> come here=>Portland-swaps-yen-loans-for-dollars "😖😡KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
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ayushnehra		#52 Posted : Tuesday, January 13, 2015 7:22:09 PM
Rank: Member Joined: 1/4/2015 Posts: 153		shiku550 wrote: HI Anyone with info on the best current fixed deposit rates. Faulu is offering 8%/ 6months for 500,000-1M. Located in afghan and looking for more concrete and current information. Please Help!!!!! check out Bank of Baroda. I know of people they have given 9% also check out the following banks in Uganda..I understand there is currency risk but for 350K + you are looking at 10%+ for 6 months..Ideal don't you think..! 11% https://www.cranebanklim...-deposit#s5_scrolltotop 10-10.5% http://www.bankofbaroda.ug/interstRate.php hope i helped Dreams are not the thing you see in your sleep..it's the thing that doesn't let you sleep. - A.P.J. Abdul Kalam
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kivairu		#53 Posted : Thursday, January 15, 2015 6:45:51 PM
Rank: Member Joined: 3/5/2008 Posts: 532 Location: Nairobi		Impunity wrote: maka wrote: newfarer wrote: BARCLAYS 2.25% p.afor 300,000 for 6 months. thieves. afadhali 2% kwa mshwari. try faulu and report back Can buy u a bottle of Jameson after six months tho... Before tax, that is! waah!. I need time to collect my jaw from the floor! Strive not to be a success, but rather to be of value. –Albert Einstein.
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chiaroscuro		#54 Posted : Friday, January 30, 2015 8:23:11 AM
Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi		kivairu wrote: Impunity wrote: maka wrote: newfarer wrote: BARCLAYS 2.25% p.afor 300,000 for 6 months. thieves. afadhali 2% kwa mshwari. try faulu and report back Can buy u a bottle of Jameson after six months tho... Before tax, that is! waah!. I need time to collect my jaw from the floor! I&M Bank paying 7.5%pa for 50k - 1m for one month, 8.5% for 3months..... https://www.imbank.com/business/interest-rates/
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Kihara joni		#55 Posted : Friday, January 30, 2015 9:36:50 AM
Rank: Member Joined: 5/8/2013 Posts: 386 Location: Nyali mombasa		chiaroscuro wrote: kivairu wrote: Impunity wrote: maka wrote: [quote=newfarer]BARCLAYS 2.25% p.afor 300,000 for 6 months. thieves. afadhali 2% kwa mshwari. try faulu and report back Can buy u a bottle of Jameson after six months tho... Before tax, that is! waah!. I need time to collect my jaw from the floor! I&M Bank paying 7.5%pa for 50k - 1m for one month, 8.5% for 3months..... https://www.imbank.com/business/interest-rates/[/quote] 2.25% even cfc pure save account pays me 5% P.A for my savings , they told me for fixed deposits depends on the amount the more the higher the rate, and if you deposit more than 500m you say how much you want hehhe
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TheGeek		#56 Posted : Monday, October 12, 2015 1:52:24 PM
Rank: Member Joined: 7/3/2014 Posts: 245		Suppose you have 1.25m that you want to use to backup a loan of 1.0m. What options are in the market ? In the world of securities, courage and patience become the supreme virtues after adequate knowledge and a tested judgment are at hand.
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FRM2011		#57 Posted : Monday, October 12, 2015 2:24:20 PM
Rank: Elder Joined: 11/5/2010 Posts: 2,459		TheGeek wrote: Suppose you have 1.25m that you want to use to backup a loan of 1.0m. What options are in the market ? Walk to faulu And you will never regret. No other bank can even come close. The trick is to fix the amount for a period longer than 12 months. You can get 14%. Thank me later. The other advantage where faulu beats the others hands down is when borrowing against a fixed deposit. You fill in an application form, they give you a letter of offer on the spot and you have your money. One of the top 5, refused to lend against a fixed deposit arguing that they do not lend against security but to a viable business that can be able to repay back. I closed my account on the spot.
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Bigchick		#58 Posted : Thursday, October 15, 2015 8:05:27 PM
Rank: Elder Joined: 2/8/2013 Posts: 4,068 Location: At Large.		FRM2011 wrote: TheGeek wrote: Suppose you have 1.25m that you want to use to backup a loan of 1.0m. What options are in the market ? Walk to faulu And you will never regret. No other bank can even come close. The trick is to fix the amount for a period longer than 12 months. You can get 14%. Thank me later. The other advantage where faulu beats the others hands down is when borrowing against a fixed deposit. You fill in an application form, they give you a letter of offer on the spot and you have your money. One of the top 5, refused to lend against a fixed deposit arguing that they do not lend against security but to a viable business that can be able to repay back. I closed my account on the spot. Know ye all men and women That MFIs are not covered under the Deposit Protection Fund. Be advised too that the higher the interest rate offered the more likely the institution is in liquidity crisis and is willing to pay anything to get your cash. Remember Imperial with 15% return on the bond! Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
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Impunity		#59 Posted : Saturday, October 17, 2015 1:36:57 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		Bigchick wrote: FRM2011 wrote: TheGeek wrote: Suppose you have 1.25m that you want to use to backup a loan of 1.0m. What options are in the market ? Walk to faulu And you will never regret. No other bank can even come close. The trick is to fix the amount for a period longer than 12 months. You can get 14%. Thank me later. The other advantage where faulu beats the others hands down is when borrowing against a fixed deposit. You fill in an application form, they give you a letter of offer on the spot and you have your money. One of the top 5, refused to lend against a fixed deposit arguing that they do not lend against security but to a viable business that can be able to repay back. I closed my account on the spot. Know ye all men and women That MFIs are not covered under the Deposit Protection Fund. Be advised too that the higher the interest rate offered the more likely the institution is in liquidity crisis and is willing to pay anything to get your cash. Remember Imperial with 15% return on the bond! I normally do Faulu on a 7 monthly deposit but tega my sikio kweli kweli,anything small and I take my deposit and forfeit the interest...so far so good. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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maka		#60 Posted : Sunday, October 18, 2015 7:27:48 AM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		Impunity wrote: Bigchick wrote: FRM2011 wrote: TheGeek wrote: Suppose you have 1.25m that you want to use to backup a loan of 1.0m. What options are in the market ? Walk to faulu And you will never regret. No other bank can even come close. The trick is to fix the amount for a period longer than 12 months. You can get 14%. Thank me later. The other advantage where faulu beats the others hands down is when borrowing against a fixed deposit. You fill in an application form, they give you a letter of offer on the spot and you have your money. One of the top 5, refused to lend against a fixed deposit arguing that they do not lend against security but to a viable business that can be able to repay back. I closed my account on the spot. Know ye all men and women That MFIs are not covered under the Deposit Protection Fund. Be advised too that the higher the interest rate offered the more likely the institution is in liquidity crisis and is willing to pay anything to get your cash. Remember Imperial with 15% return on the bond! I normally do Faulu on a 7 monthly deposit but tega my sikio kweli kweli,anything small and I take my deposit and forfeit the interest...so far so good. Talk to coop trust or cytonn..current rates are above 21% p.a (23% with 2% management fees and 21.75% respectively)..and @impunity is right be in the know about the Co. listen to each and every little news that chomokaz...and I prefer doing shorter dated periods 3 months to be precise. possunt quia posse videntur
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