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Those who put away something  Send to a friend
Sunday, 11 July 2010 10:43

By Zaynab Turuku
Faith Herman Ringo, 31, doctor
I save because I have two children and I know they need to go to school. I don’t know whether tomorrow I will be earning enough to keep the children in school and to sustain myself.
My parents inspired me to save when they opened an account for me when I was very young and I still hold it to date.

Dr. Geminian Festo, 30, medical doctor

 I started saving when I encountered hardships in life plus I wanted somewhere that I could access my money.

Now I am saving because I want to build my own house. I also plan to rear chicken and cows which needs a lot of money.

Marry Mwenisongole, (43), early childhood teacher
I am teaching my four children to save. I give my firstborn child, who is in standard seven, her week’s ration, so that she can learn how to budget for it.
On the weekends I check whether she has saved any money, and if she hasn’t I find out the reason. If she has saved, I recommend that she offers it in church and she is happy.
Our church at Kimara has a small Sacco and I have opened saving accounts for my children.

I even managed to open an early childhood school through my savings.

Mama Asia (42) a businesswoman
In the past, I saved through putting some money in a little box. I have never opened a bank account because life is so demanding.
I have children to take to school and to feed. I have never taught my children—who have all completed standard seven expect one—to save. My husband saves through a merry-go-round group though.

Iddy Hassan (63), Security guard

I am a former industrial worker in the blanket producing industry and I benefit from the pension from the National Social Security Fund (NSSF).
Now, I am appreciating the importance of saving, as I am able to enjoy the rewards of having kept some money away. I have my payments from the fund every month, besides my security guard salary.


 

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