By the Chairman
FINLEMM DEVELOPMENT
COMPANY LIMITED
FINNLEMM SACCO EDUCATION DAY
Saturday, November 19, 2016
Introduction• The company was established in 2014
• Why a Limited Company?
▫ To expand scope of investments
▫ To engage in investment ventures that would not otherwise be conducted by the Sacoo
▫ To boost income for the Sacco
• Who owns the Limited Company?
▫ The Sacco has majority shareholding of the Company; Company BOD reports its activities to Sacco BOD
• Target group of the Company
▫ Sacco members
▫ General public
• Company’s investment focus
▫ Land buying and selling
▫ Value added plots
▫ Real Estate/Home development solutions
CURRENT PROJECTS
• Nyanyuki Sweet Waters Splendor▫ Land for sale (8 acres) residential/commercial use
▫ 1/8th plots for sale
▫ 10 kilometers from Nyanyuki town. Stone throw away from the town centre
▫ Cost Ksh. 399,500. Discount of Ksh 20,000 for cash buyers.
▫ Special offer price ending November 30, 2016
CURRENT PROJECTS
• Finnlemm Pride Kitengela▫ Value added plots for sale – grading of internal roads to be
done. 25 acres; Perfect scenic view
▫ Located 12kms from Kajiado-Namanga Road, 7Km from Ostrich Park, 5Km from Birika town
▫ Located next to Kitengela Meadows advertised by Maina Kageni
▫ Cost of land includes title deed processing, legal fees, stamp duty
▫ Electricity, water, schools in close proximity, good all weather murram road
▫ Offer Price: Ksh650,000; cash buyers Ksh620,000
▫ 20% deposit to secure land
CURRENT PROJECTS
• Finnlemm Pride Kitengela Pics
CURRENT PROJECTS
• Finnlemm Riat Villas▫ Located in Kisumu city, 5 mins drive from Kisumu City and Lake Basin
Mall
▫ Value added plots for sale and Housing development
▫ Land is within vicinity of SOS Children’s Home, Home Africa project, Susana Owiyo’s Art Center, former PM’s State Lodge
▫ The area links easily with the Northern bypass dual carriage Kisumu-Kakamega highway
▫ Value added plots with housing development to include pre-determined housing designs, perimeter wall, electricity and water, landscaped gardens and internal roads
▫ Cost of value added plots Ksh. 2.5m for a quarter acre
▫ Plots may be sold in future
CURRENT PROJECTS
• Finnlemm Riat Hills Pics
Current State
of Land
CURRENT PROJECTS
• Finnlemm Riat Hills (Future plans)
Completed Projects• Ongata Rongai
▫ Plots sold, members interested in controlled development
▫ Association formed to spearhead value addition proposals
▫ Internal roads done
▫ Fencing to commence
▫ Sacco obligation is to ensure internal roads and fencing is done
• Kisaju
▫ Plots sold, Beacons done
▫ Title deeds issued
• Nakuru
▫ Sold to members
▫ Pending Land Control Board meeting for survey to commence
Call to Action
• Sacco members to patronize products offered by the Company. Why?
▫ Value for money
▫ Checks and balances ensured
▫ Special offers provided to Sacco members
• Sacco members to support the Company by spreading the word about investments on offer through their networks/social media platforms
ASANTENI
THANK YOU