Qwetu Sacco eyes Sh600m income as it unveils the 2024 budget estimates
Qwetu Sacco is eying an income of more than Sh600m in the 2024 budget estimates unveiled at the Vacani Resort in Voi. Taking the delegates and board members through the budget estimates Sacco CEO Mr Charles Kaba pointed out that the institution would make profit of about Sh 84 million after expenditure of Sh 516m. He also pointed out that the sacco planned to grow its asset by more than Sh 379m raising the total asset base to Sh4bn in the coming financial year. “All key areas have shown remarkable improvement and we hope our members will be in a position to get quality services from our sacco” he said. It was pomp and colour as the sacco marked its 57th birthday with the launch of a new product Bakisha, which is an account that targets all members who want to make cash deposits and withdrawals at the comfort of their working places , business and homes . For one to qualify for Bakisha, they should have a FOSA account with the sacco, with no deposit fees and free account opening....