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Malibu National P.O. Box 62641 00200, Nairobi, Kenya Tel +254 020 29560000 Cell +254 709 898000 SMS No. +254 721 270944 Malibu mwalimunationalsacco. Coop www.mwalimusacco.coop SHARES VARIATION FORM
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How to fill out mwalimu sacco shares:

01
Visit the mwalimu sacco website or office to obtain the necessary forms for share application.
02
Fill in the required personal information such as full name, identification details, and contact information.
03
Indicate the desired number of shares you wish to apply for and the corresponding amount you will be investing.
04
Include any additional documentation or requirements requested by mwalimu sacco, such as proof of identification or payment method.
05
Double-check all the information provided for accuracy and completeness.
06
Submit the completed forms and any required documents to the designated mwalimu sacco representative or office.

Who needs mwalimu sacco shares:

01
Teachers or educational professionals who desire financial security and investment opportunities.
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Individuals looking for a reliable and reputable savings and credit cooperative organization.
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Those wanting to become members of a community-driven financial institution that offers competitive dividends and loan services.

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It may not be among Kenya#39’s most prominent banks but for the last six months equatorial commercial bank has caught news headlines in the wake of its proposed majority acquisition by one Kenya#39’s largest savings and credit cooperatives Malema national Sacco forth last two years Kenya#39’s banking sector has witnessed a capital raising frenzy as the central bank requires commercial banks to raise additional capital and for equatorial commercial bank it#39’s need for additional capital seems quite dire if the recent quarterly results are a pointer to go by the close of the nine-month period ended 38September 2014 ECB#39’s untamed profits to that sixty-six point nine million shillings marking a sixty-five percent drop in profitability over the previous year this against the backdrop of athirty-four percent increase in Theban#39’s non-performing loans to slightly over 1.3 billion shillings surpassing the bank#39’s core capital of 1.2 nine billion shillings the quality of the asset burkas quickly deteriorated, and you're talking about NPL ratio fifteen percent think it#39’s more than that and thatthat'’s why approaching a key strategic partner with a view to injecting more capital to fill the holes makes four cents this comes nearly five years since easy be merged with an equally smaller lender southern credit bank in a bid Tories its minimum core capital ahead of the 2012 deadline certain liabilities that ECB to Kampala mite includingnon-performing significant amount nonperforming loans ECB needed to put more capital to fill in these holes Theban#39’s choice of Malema national Sacco a strategic investor appears to also have been informed by its goal of transforming into a leading retail bank by 2018 this is especially considering that Malema socks clientele comprises the teaching community a major consumer of financial services it requires massive investment distribution requires a massive investment sin the systems and also in manpower Done#39’t think they can achieve that in three years but following thegovernment'’s decision to halt mallumasako'’s acquisition of ECB#39’s owner sand the management may have to go back to the drawing board to plot their next move towards additional capital Belladonna citizen business center

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Mwalimu Sacco shares represent the membership equity contribution made by members of the Mwalimu Sacco, a savings and credit cooperative society specifically for teachers in Kenya. Members purchase shares to become part owners of the Sacco and benefit from its financial services.
Members of the Mwalimu Sacco are required to file information related to their shares. This typically includes teachers and other educational staff who have joined the cooperative and made investments in shares.
To fill out Mwalimu Sacco shares, members need to complete an application form provided by the Sacco, indicating the amount they wish to invest in shares. This may often involve providing personal details and financial information as required by the Sacco's policies.
The purpose of Mwalimu Sacco shares is to enable members to save and invest in a cooperative business that provides access to financial services, including loans and other benefits geared towards improving their financial well-being.
The information that must be reported on Mwalimu Sacco shares includes the member's name, the number of shares owned, the total investment amount, the date of share acquisition, and any changes in share ownership or value over time.
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