1. Dr Wahome Ngare Chairman – KMA SACCO Member education day: 27 th September 2014

2.  By necessity is an introvert – works independently.  Top cream in school BUT most of us are financially illiterate!  Highly placed in society.  Deals with life – very big responsibility, must remain ethical.  We have a potential for high earning – family used to good life style.  We invests many years in education – wealth comes later in life.  We are employers – clinic, home, farm etc.  We are technician – can only earn by personally getting engaged in work! Disability is worse than death!  We need to invest in independent income generating activities to ensure financial safety for self and family in case of disability or death.  We generally don't have time to adequately supervise investments and can ends up loosing significate sums of money.

3.  We want to borrow more than we have saved.  We want to borrow at the lowest possible rate  We want to repay over the longest period possible.  Ironically:  We save the minimum - only what we can borrow x 3  We want the loans released quickly.  We want high dividends at the year end.  THESE EXPECTATIONS ARE INCOMPATIBLE!

5.  Company Income Expenses Profit or loss  Individual not focused on investing: Income Expenses Savings or borrowing  Individual focused on investing – living within own means: Income Savings (ideal would be % of income) Expenses Controlled by the same person Controlled by the different people

6.  House worth 10 million in Nairobi would earn about 20 – 30 thousand per month.  Total of about 240,000 or 360,000 per year.  10 million invested in the SACCO at 8% per annum would earn 800,000 per year or 66,000 per month!  You can borrow against it or convert it into a fixed asset like a house - as need arises.  SAVING, not borrowing, is a PREREQUISITE to WEALTH CREATION.

7.  To proactively mobilize savings  and provide innovative products, services and solutions  to encourage and facilitate investments in the healthcare sector  while utilizing available resources efficiently and effectively  for the ultimate benefit of the community and healthcare professional.

8.  To be the leaders in provision of financial products, services and solutions  to the health care professional and health care sector.

9. INVESTMENT OF CHOICE INDEPENDENT OF SACCO MEMBER SACCO SAVINGS PRINCIPAL AND INTEREST LOAN INTEREST ON DEPOSIT AND DIVIDENDS INVESTMENT OF CHOICE INDEPENDENT OF MEMBER

10. INVESTMENT OF CHOICE INDEPENDENT OF THE MEDICAL ECOSYSTEM OWNER AND INVESTOR INVESTING AND MANAGING AGENT BORROWER AND CUSTOMER SAVINGS LOAN PRINCIPAL AND INTEREST INTEREST ON DEPOSIT AND DIVIDENDS INVESTMENT TAILOR MADE BY THE SACCO TO EXPAND THE MEDICAL ECOSYSTEM.

11. THANKS Q & A.