Transcript NAIROBI MEMBERS` EDUCATION DAY 8 TH JUNE

NAIROBI MEMBERS’ EDUCATION DAY
8TH JUNE 2013
CHAIRMAN’S REMARKS
Vision
To be the leading and dynamic Sacco in Eastern and Central
Africa.
Mission
To empower members of economically by providing a one
stop shop for quality financial services through prudent
mobilization of resources
Motto
Your Partner To Prosperity
Our Values
Integrity
Equality
Equity
Honesty
Respect
Dedication
Professionalism
The Team.
Board Members
• Kennedy Auka
- Chair
• Steve Nyambuka
- Vice Chair
• Florence Waiyaki
- Hon. Secretary
• Janerose Mwangi
- Treasurer
• Florence Oile
- Chair, Credit Committee
• Rose Kamoni
- Secretary, Credit Committee
• Joshua Kamwere
- Chair, Risk & Audit Committee
The Team..
The Board continued..
• Elizabeth Kariuki - Secretary, Business Development
&Education committee
• Boaz Waruku- Member, Business Development & Education
Committee
Supervisory Committee:
• Collins Bonyo
- Chair, Supervisory Committee
• Nicholas Odhiambo
- Member, Supervisory Committee
• Edith Karanja
- Secretary, Supervisory Committee
Staff
Peter Kariuki
CEO
Angela Nyanjong’
Finance and Admin Manager
Eunice Kanyi
Internal Auditor
Purity Ntoiti
Accountant
Catherine Odhiambo
Loans Officer
David Karanja
Marketing Executive
Gilbert Kirui
Assistant Accountant
Edwin Odhiambo
Office Assistant
Lilian Mochama
Admin assistant
Morris Andande
Customer Service Assistant
Staff
Leah Koome
Receptionist
Rachel Maranga
Loans Assistant
Faith Gitari
Loans Assistant
Lawrence Guthua
Loans Assistant
Nancy Mugoh
Loans Assistant.
Hellen Nderui
Loans Assistant
Joshua Barake
Accounts Assistant
Fridah Keitany
Assistant Accountant
Edith Kipsang
System Administrator
Joseph Gichingiri
Loans Assistant
Strategic Plan Pillars
1.Financial performance
2.Operational efficiency
3. Customer care objectives
4.Human resources management
5.Credit administration
6. Marketing
7. Leadership and governance
Key achievements to date
Financial performance
• To increase the society revenue by 25% annually
Achievement
Year
2010
2011
2012
Turnover 120,487,664 157,194,678 218,480,325
% growth
year to
30.47%
38.99%
year
Key achievements to date
Credit administration
• Increase loan portfolio by 20% annually
Year
2010
2011
2012
Loan
1,058,460,998 1,421,100,258 1,862,006,719
portfolio
%
growth
34.26%
31.03%
Key achievements to date
Credit administration
• Increase deposit base by 25% annually
Year
2010
2011
2012
Members'
1,070,927,590 1,376,867,603 1,782,390,657
Deposits
% growth
28.57%
29.45%
Kimisitu performance over 5 years
Year
2008
Active
Membership
2009
2,873
Employees
3,446 4,125
6
Members
Deposits
607,579,750
Loans to
Members
640,758,930
Total Assets
Base
704,361,408
Dividend
rate
2010
10%
8
809,234,230
807,266,755
939,016,050
10%
2011
2012
4,697
5,531
8
13
17
1,070,927,590
1,376,867,603
1,782,390,657
1,058,460,998
1,421,100,258
1,862,006,719
1,233,251,820
1,597,952,594
2,084,163,027
9.7%
10%
10.3%
Ongoing/upcoming Plans
• Web portal: To enhance customer service
• FOSA set up in 2014:
• Deposits Mobilization
• Governance-Sacco to consider changing from AGM
to ADM(Annual Delegates Meeting) where each
organization will send a representative
Thank you