20 Apr 2021

RECONSTITUTION OF THE BOARD 2021

Following the recent Election in the AGM, We would like to notify members of the reconstitution of our Board of Directors & Supervisory Committee as follows:

  1. Moses Obondo – Chairman
  2. Chondo Bedzame – Vice Chairman
  3. Samuel Kisiangani – Hon. Secretary
  4. George Agwenge – Treasurer
  5. Rashid Shaban – Credit Chair
  6. Richard Kaloki – Credit Secretary
  7. William Terry – Credit Member
  8. Maurice Andedo – Education Secretary
  9. Daniel Masawa – Education Member
  10. Boby Osano – Supervisory Chairman
  11. Vitalice Otieno – Supervisory Secretary
  12. Anna Wanjala – Supervisory Member.
15 Apr 2021

AGM 2021 – Resolutions

The following resolutions were agreed during the Annual General Meeting held on 11th April 2021;

  • 10% Interest on member deposit.
  • 20% Dividends on share capital.
22 Feb 2021

KUSCCO MUTUAL ASSURANCE

        Questions from Members answered below;

  • Question: Who Qualifies as an additional dependent? Answer: Children below 18 years,18-23 years 
    with prove they are still in school going. here one is a guardian it should be supported by an 
    affidavit.
  • Question: What are the requirements needed of an additional dependent? Answer: For biological 
    Children copy of birth certificate is enough. Where the principal member is a guardian 
    provision of an affidavit to support the same is a must. Additional premium of the same 
    should be paid.
  • Question: What is the age limit of an additional dependent? Answer: 24 year age next birthday.
  • Question: For someone with more than four children how does he/she choose who to include or exclude 
    and how can we help them in this dilemma? Answer: Child 4,5,6 so long below the required age 
    fall under additional dependents.
  • Question: In the birth Certificate what is the number that should be indicated i.e Serial 
    number at the top right or the Entry Number at the top left of the details section. 
    Answer: Entry Number
05 Feb 2021

SGM held on 31st Jan 2021

The following resolutions were passed during the SGM.

  1. Budget 2021.
  2. Benevolent Fund.
    • This was replaced by Kuscco Mutual Assurance. Parents above 85yrs will be covered by the sacco at a claim of 100,000.
    • Still births and children below 30 days will also be covered by the sacco at a claim of 50,000.
    • Fill the forms provided by Kuscco and return to the office by latest 15-02-2021.
    • Nairobi members to pick forms from contact Mr Mwai or Mr Eugene.
    • Mombasa members to pick the forms from the closest committee member or hardware sacco office.
    • For more queries contact the office.