Frequently Asked Questions

Kimisitu is a sacco registered under the Societies Act whereas KICL is a limited company registered under the Companies Act. KICL is an associate of Kimisitu Sacco formed after Kimisitu Sacco AGM resolution of the year 2010. Kimisitu Sacco accepts deposits from members and gives loans to members whereas KICL does real estate business.

Our key roles include: selling land, developing and selling property, investing in money markets, and engaging in real estate development across Kenya.

As a shareholder, you get subsidized rates on KICL products compared to other parties. As the company grows, the share price appreciates, providing capital gains on shares held. You receive dividends on shares as and when declared at the AGM, and you are entitled to transact business related to the company at the AGM.

Kimisitu Investment Co. PLC is a young and dynamic company which is growing. Therefore, you are eligible to enjoy dividends from year to year and capital gains as the company grows.

Kimisitu Investment lands are the most competitive in terms of price. Our lands have ready titles and once one completes paying, the transfer is done immediately. The process of transfer of title is handled by Kimisitu Investment, relieving the buyer of the hassles of following up at the lands registry. We are a genuine company conducting authentic transactions done above board.

Our future plans include diversifying products to realize maximum returns so that stakeholders enjoy value for their money. The company is endeavoring to undertake real estate development, agency business, and other initiatives to establish a strong foothold in the industry.

Our product prices are very competitive compared to competitors. Unlike others, Kimisitu Investment upholds core values of integrity, passion, professionalism, dynamism, excellent customer focus and freedom. All products offered are clean, and members who have completed payments have their title deeds. We also provide value additions to our products.

With the promulgation of the new constitution, new market frontiers have arisen in the counties. Kimisitu Investment has decided to move with the tide and invest in the counties, meeting customer needs while proving valuable to the company.

The transfer of shares from the Sacco to Kimisitu Investment to purchase shares is not possible. However, there are options such as dividend discounting and applying for a loan to purchase shares against your savings.

The price margins are based upon rational appraisal and consideration of market rates. Non-shareholders form a significant part of our plot buyers, and the Company does not want to lock out this particular market segment.

This same price is a subsidized one which aims at making the offer more attractive to both existing members and non-members to join Kimisitu Investment.

Selling land is a starting point, and bigger things are in the pipeline through planned diversification into real estate development, agency business, and other ventures.

Kimisitu Investment already has one product with Kimisitu Sacco, Dividend Discounting for members to purchase shares. Other tailor-made products have been proposed and will be communicated to members once unveiled.