Dear Member,

REF: UNDERPAYMENT OF SACCO LOANS

We refer to our circular to members dated 20th March 2020 and 21stJanuary 2021.

We are glad that business situation is improving and we look forward to better days ahead.

However, it has come to our attention that there are some members who are taking advantage of the Covid-19 situation not to repay or continue underpaying their Sacco loans.

Effective 31st August 2021, Kentours Sacco will on a case-by-case basis take action on such members as per the provisions of its By-laws and the Sacco Societies Regulations in order to safeguard members’ funds.

All members are therefore required to regularize their repayments by 31stAugust 2021, while those on unpaid leave should provide proof of the same.

Members who are capable are encouraged to contribute beyond the minimum limits. Those with alternative sources of income are also encouraged to make direct payments to the Sacco through the below options so as to reduce the monthly interest burden.

BANK ACCOUNT
Name:
Kentours Sacco Society Bank
Account Number:
01120000563700
Bank:
Co-operative Bank of Kenya Limited, Green House Mall
Branch Bank Code:
11153

M-PESA

Paybill Number:
194740
Account Number:
**** (Membership Number)

Yours faithfully,

Zedekiah Ongoma
Hon. Secretary

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