A time for change in the Kenyan Economy has come. We need to make credit affordable to every Kenyan at any level. We can eliminate poverty by mobilizing community groups to join FEP SACCO. FEP SACCO is a stepping stone to getting access to credit. I still strongly believe that the existing poverty situation in our country was not created by our poor communities. It was created by the institutions and policies which surround them.
In order to eliminate poverty we need to make appropriate changes in those institutions and create new ones. FEP's Ideology is a vision with a mission to empower it's members to break their cycles of poverty surrounding them. If for some reason you cannot afford to purchase a share right now, the FEP SACCO is ready to help. You can raise a third of the amount required and SACCO will automatically top-up two thirds to enable you to purchase your share. The share certificate will remain with SACCO and it will be released to you immediately once you complete to pay for the loan.You will have a period of eighteen months to clear your SACCO loan. One advantage of joining SACCO is that, you can team up with a group and this will enable you to borrow a loan affordable to every member of your group. The share you purchase will be jointly owned by the group.
The Link below will educate you more about the operations and the mechanism of FEP SACCO before our proposed meeting.
http://fep-group.com/pages/FEP_Sacco_Ltd.vrt
from:
Robert Kilonzo
FEP Steering committee member
Atlanta.
