Secrets to Financial Wellness and Wealth Creation

Secrets To Financial Wellness And Wealth Creation

Financial empowerment and wellness is what everyone desires to be on top of their finances and become financially stable to be able to meet and cater needs that are always ballooning.

A financial consultant training members during  a past education day forum

So beneficial is financial wellness that Imarisha Sacco has over time unveiled series of educational tours in its catchment areas through the month of March to May.

Below are some of the highlights of training sessions in the past foras.

Plant several  financial wealth trees that brings steady supply of income.

This way you will be able to get income from several sources and remain a float in terms of finances. You will also be prepared for unforeseen emergencies that can arise. The same also will be able to cater for your needs to avoid sinking into debts that could be disastrous to manage.

Budget your resources well to avoid debts.

A member registers for education  day forum

Managing debts can be a problem if you don’t budget your resources well. You will end up buying things you don’t need and leave out the things you need or are important.

Save and Invest for your future

The best way to earn money is through saving and investing. This is the only you will pay yourself and, meet your financial needs easily as you climb the ladder of financial independence. Remember a penny saved is a penny earned.

Manage your debts very well to avoid financial crisis.

Write down the debts and loans you have borrowed and prioritize when repaying them. Start by repaying those loans that have shorter repayment period so at to be on the save side and avoid being blacklisted from accessing more loans.

Take a loan after identifying a project you want to undertake.

Do not take a loan after repaying the previous or because your friend or relative has taken. This is way you will be able to be financially well.

WHY YOU SHOULD JOIN, SAVE AND INVEST IN SACCOS

The recent report by Sacco Societies Regulatory Authority (SASRA) indicates that women top Sacco membership compared to men and youth whose percentage was lower.

This is a wake up call to an ever ballooning number of youth who are left stranded after they complete their education.

Imarisha Sacco headquarter located in Kericho Town 

The earlier call to them to start businesses has been a challenge because they lack loyal financial friend to walk them through the journey of financial freedom. This is the right time to join Savings and credit societies (SACCOs) to transform and secure their future.

Imarisha Sacco Society Limited  has been in the fore front in innovating products and services that suit young entrepreneurs who want to invest and start businesses that will steer them to brighter future.  

A customer being served at Imarisha sacco branch 

The adoption of new technology makes Saccos competitive to save and invest because of ease and convenience in accessing affordable loan products, services and financial advice

Imarisha Sacco enable youth acquire capital to start and expand their business through business loans, and also acquire other properties that can make them conduct their businesses at ease. The Sacco offer low interest rates and one can join and access loans without necessarily having a pays lip.

This is chance for the youth to register and get access to these available be products tailored for them so that the can be able to achieve financial independence.

Send Us a Message; kerichohq@imarishasacco.co.ke. Give Us a Call +254 709578000

IMARISHA SACCO FINANCES TECHNICAL TRAINING INSTITUTE BUS

 Imarisha Sacco society limited handed over a 62 seater bus to Konoin Technical Training Institute in an event held at the institute grounds. The bus financed by the Sacco at the tune of Kshs. 12 million is aimed at supporting technical training institutes attain their goals.  

Sacco  Directors and staff   led by Mr Philip Sigei during the bus launch. 

“Imarisha Sacco is committed to financing activities in educational facilities to improve education and technology for development in the country”, said CEO Mr Mathew Rotich.

 Siele, CEO Mr.Mathew Rotich and staff members at the KOTTI institute during the bus launch event.

Mr Rotich hailed the Institute management for partnering with the Sacco and ensuring that they benefit from a product that contributes to the education agenda in the country

During the event, the then principal secretary in the state department of vocational and technical education Dr Kevit Desai said that the government is keen on training and value addition on local products like milk and other services to attract local and international markets.

KOTTI Institute bus 

Konoin Technical Training Institute has installed a milk processing plant for value addition on milk products and other technical facilities to train the youth and locals. “This has been a long way coming and I thank the Chinese trainers for the effort on training the trainee trainers” added institute principal Mr Haron Maosa Onguso

KOTTI was established three years ago and offers both diploma and certificate courses in computer information technology, building and civil engineering, business studies and applied sciences.

The Sacco stand with the members and partners as the government seek to take TVET education to a higher level.

Present during the event were Imarisha Sacco directors Phillip Siele, Shady Sigei, Jessica Siele and the microcredit manager Mr. Kipkemoi kelong.