HICS FREQUENTLY ASKED QUESTIONS
Q: What are the benefits of becoming a member of Hics once i join?
Answer: A member of HICS enjoy subsidized prices for all our products. Members also get priority in products of sale including commercial rental spaces at subsidized prices Value Proposition e.g. serviced plots, title deeds, roads, plus other social amenities. Security of investment (proper due diligence done)
Q: How am i required to pay for my HICS 100 Shares
Answer: Individuals are required to buy the shares upfront and pay in full and qualify to enjoy dividends or one can pay in installments to a maximum of 24 months.
Q: Do you pay dividends?
Answer: Yes, Dividends are payable every year after an AGM has been held. Rates depend on how we have traded/ invested in the previous year and may vary from year to year.
Q: Do i need to be a member of Harambee Sacco to qualify to be a member of Harambee Investment Co-operative Society (HICS)?
Answer: No. Not necessarily. But you may need Harambee Sacco to enable financing for our investments.
Q: Do you offer loans to members?
Answer: No. We are purely an investment arm. Our main mandate is to look for investment opportunities and float to members to buy at friendly prices.