GDC SACCO’s 21st Annual General Meeting a Resounding Success

Githunguri Dairy Community SACCO (GDC SACCO) recently held its 21st Annual General Meeting (AGM) at the Githunguri Stadium on Wednesday, March 20, 2024. The event drew a large crowd of shareholders eager to hear about the SACCO’s performance and future plans.

Key Highlights from the AGM:

• Strong Financial Performance: The Chairman, Joseph Mburu Gitau, proudly announced that GDC SACCO had achieved a remarkable surplus in the 2023 financial year, leading to a 13% return on dividends, totaling Sh. 212 million.
• Tier 1 Status Achieved: GDC SACCO has now joined the prestigious Tier 1 category, reserved for SACCOs with assets exceeding Sh. 5 billion, underscoring its financial strength and stability.
• Dividend Distribution: Thanks to the strong performance, the SACCO is in a position to share dividends with its valued members.
• Community Impact: County Commissioner Miyesu Ndarusi praised GDC SACCO’s positive impact on the Githunguri community and its commitment to member welfare.
• International Recognition: The SACCO’s achievements have not gone unnoticed, garnering recognition even at the international level.

Overall, the AGM was a celebration of GDC SACCO’s success and a testament to the hard work and dedication of its board, management, and members. The SACCO’s commitment to financial prudence, member empowerment, and community development positions it for continued growth and prosperity in the years to come.