URITHI HOUSING TO VENTURE IN SCHOOLS PROJECT BEFORE END OF THE YEAR.

Plans by Urithi Housing Cooperative Society to venture in the education sector are underway as they aim to reduce heavy reliance on housing projects as their only source of income.
Chairman Samuel Maina said that the society will roll out the first phase of the Urithi Group of Schools before the end of the year.

Speaking during the society AGM at Ruiru Sports Club on Monday, he said that the school will be open to both members and non-members. During the AGM, members gave the Urithi board authority to borrow Sh2 billion to diversify investments.

Urithi Sacco, which is independent of the society, will be giving out loans to members to buy and develop their projects. It will be accessible to members everywhere the society has centres.

The Urithi society, which has more than 10,000 members, was established three years ago. It is now putting up a Sh1 billion project in Kilimambogo for 600 houses.

Labels:

Post a Comment

[facebook]

Author Name

Contact Form

Name

Email *

Message *

Powered by Blogger.