Yetu Pamoja Investment Cooperative Society Limited is an investment entity that was registered in 25th March, 2011. The motivation to set it up was the change in the Sacco Act which provided that Sacco’s should move away from non-core activities such as purchase and sale of land, real estate, property management etc. It was started by 3,314 members drawn from the parent institution Yetu Sacco Society Ltd
We are an investment company registered under Co-operative Act whose mandate is to carry out investment activities using member’s funds. Over the years, the society has created wealth for its members with the flagship project been putting up a Majani Plaza-(a 8-storey building) in Nkubu, Meru. The cooperative has also acquired land in strategic locations across the country at very attractive, below the market prices. Currently, our asset base stands at Kshs. 157 million.
To be the investment bridge of choice
To maximize members wealth through prudent, sustainable and responsible investment activities
As a cooperative our underpinned shared values are;
The cooperative is governed by 7 members of management board committee and 3 supervisory board members. In implementing the projects and running cooperative day-to-day activities, we have a Business Development Officer.
| # | Year | Amounts in ‘Kshs M’ | Divindends Rate ‘%’ |
|---|---|---|---|
| 2013 | 5.2 | 5 | |
| 2014 | 6.6 | 5 | |
| 2015 | 8.8 | 7 | |
| 2016 | 9.5 | 8 | |
| 2017 | 11 | 9.5 | |
| 2018 | 12 | 10 | |
| 2019 | 7 | 6 |
To leverage on the members goodwill through continuous impressive return on investment in short run our plans are;