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.
FEP-SACCO, An easier way to own a business by starting small and growing gradually with your business. Choice to join an existing investment venture or simply choose to invest in a new project. Highly recommended for the small scale business people who are self employed and who want to expand their business and the youth who want to become business owners earlier in life rather than employees. Lets promote one another whichever way we can and educate the masses.Thank you for taking the initiative.
ReplyDeleteThe power of many is the key and the 2nd generation of billionaires in kenya is in the offing.Keep up Fep and Robert keep passing the ball.
ReplyDeleteEmpowering our fellow Kenyans to invest and own homes!
ReplyDeleteIt is very sad that we quickly jump into financial investment without taking caution. One must take time to do a due diligence of some of the new companies that have started collecting money from the public. Owning the bank from FEP was scheduled for 2012 but guess it has come to fast. Where are the co-founders? What did they see in order to vacate office? I have followed FEP activities for the last 3 years and am saddened by how they treated former shareholders. The proof of what I say can be verified easily as I will give it honestly and you can also make calls to ascertain - First and foremost, there was a group called FIC - Fountain Investment Company headed by a co-founder of FEP, Arch. Onesmus Kakoi - currently a Senior lecturer at JKUAT. To his amazement, the Chairman transfered all the money to a FEP Holdings, a company he formed conveniently to manipulate the funds from Shareholders. This led to FIC Closure and all Kshs 28 Million gone with the wind. The Secretary General left 2010 after noticing that the Chairman was diverting shareholders money to his personal use. This company has no source of revenue as the only schools which they have shareholding is not profit making. The collection from Tours company cannot even sustain the programme. FEP has 3000 aggrieved members who are located in the remote areas and have no voice to speak what am posting as this kind of technology is anathema to them. Currently, the chairman is taking trips all over UK and USA. Find out more information from UK office which at some time was led by Veronica Woods. Ask the chairman to provide you with details of what happened to what am raising here.
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