The Finance Factory
The Finance Factory
February 17, 2025 at 11:44 AM
*Dear Member, harvest time is here again. 2024 dividends (20%) and interest on deposits (11.75%) has been processed and credited to your Fosa account.* Over the weekend Tembo Sacco announced their dividends and interests. The members received their cash immediately after they declared the percentages. Here’s how your earnings are calculated: ✅ *Dividends on Shares* : 20,000 * 20% = 4,000 ✅ *Interest on Deposits* : 50,000 * 11.75% = 5,875 *Gross Income: 9,875* Deductions: 📌 Withholding Tax (5%): 9,875 * 5% = 493.75 📌 Processing Fee: 150 *Net Income: 9,231.25* You have two options: 🔹 *Withdraw* your funds and enjoy your earnings. 🔹 *Reinvest* to take advantage of compounding and grow your wealth faster! If you’d like to learn more about SACCOs or need help joining one, I’m happy to guide you—whether in person or virtually. 📞 Call/WhatsApp: 0700586956 📧 Email: [email protected] Feel free to reach out!
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