In this episode recorded on 29.03.2023, we are joined by the Stima Sacco CEO Dr. Hassan Gamaliel and Customer Service Manager Gloria Chaponda to discuss the Sacco’s business model. We also cover joining the Sacco, its scale and solvency, system changes, and handling the resulting challenges.
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Show Notes
00:00:00 Introduction
00:01:13 History
00:04:41 Size and Scale
00:13:06 System Changes and Communication Issues
00:32:28 Solvency
00:40:50 Becoming A Member
00:46:18 Islamic Finance Products
00:52:29 Business Model
01:07:56 Transferability of Shares
01:15:07 CEO’s Career Journey
01:23:50 Closing Thoughts
Episode 50: Stima Sacco