We have been in operation for the last 18 years and currently have more than 400 members drawn from parishioners of the Blessed Sacrament Catholic Church, with a share capital of 12,000,000/= and growing. Our patron is the Father Incharge who is also the Mandatory Signatory. The group is managed by 9 volunteering officials who are elected by the members during the AGM. We are share holders of the
newly created Caritas Microfinance Bank with a share holding of 1,200,000/=. Our main source of income is through our low interest on loans (1% per month on reducing balance). We also invest through Nairobi Archdiocese Social Promotion Trustees. In addition, We are in partnership with Credit and Reference Bureau through Caritas.
The key benefits of membership include
Easy Access to Loans for Financial Needs, Financial Stability through a Culture of Saving, Capacity Building in Entrepreneurship through Education and Training, Networking and Trust Building as Members Guarantee Each Other and Enhanced Community Engagement through Corporate Social Responsibility (CSR)
