How I made 13,000 ksh by putting aside a small amount of my earning in Stima Sacco.
I open an account in 2015 and I started saving as low as 50ksh into my account. In 2016 I received my first divide. Which I decided to transfer back to my saving account. I continued saving every single month without stopping.
The year 2017 I did got a dividend again which I didn’t withdraw either I transfer to the saving account. I didn’t stop from there I continued saving and am proud to tell you this year I received 13,000ksh as a dividend.
These are the steps to get you started.
Before I tell you the steps let me tell you the benefits of saving your money in Sacco.
A.) When you take a loan from Sacco, you are still saving.
B.) You get a dividend every year.
C.) They charge one percent interest per month, at a reducing balance.
D.) For loan collateral, they ask for guarantors.
Let’s get back to steps
- Go and open the account with sitmasacco.
- Start putting 10% or more of your earning every single month your account.
- Never stop putting in cash to your account even if it is 20ksh. Eventually, that small amount will be compounded to a larger amount.
- Let your money earn interest for you.
I’m not the only who received dividend a lot of people did include my friends/family made way more than me.
I recommend reading Rich man in Baylon.