TO: ALL HONOURABLE MEMBERS

By the powers given under section 6 (6.2) of the Kanisa SACCO Society Limited By-Laws, notice is hereby given that an Annual General Meeting of Kanisa SACCO Society Limited is convened and will be held on Saturday, 21^st March 2020 at Jubilee Hall, Desmond Tutu Conference Centre, AACC, Off Waiyaki Way, Westlands, Nairobi, starting from 7.30am.

Agenda

1. Call to order, opening prayers and welcome remarks;
2. To read the notice convening the 39^th Annual General Meeting;
3. To adopt the agenda of the 39^th Annual General Meeting;
4. To confirm and adopt the minutes of the 38^th Annual General Meeting held on Saturday, 9^th March 2019;
5. Presentation of the Central Management Committee (CMC) report for the year 2019;
6. Presentation of the Supervisory Committee report for the year 2019;
7. To receive, consider and adopt the financial report for the period ended 31st December 2019;
8. To receive, consider and approve the revised budget for 2020 financial year and the proposed budget for the 2021 financial year;
9. To appoint an external auditor for the year 2020;
10. To receive, consider and approve the proposed amendments to Kanisa SACCO Society Limited By-Laws as per the schedule shared;
11. To receive, consider and adopt the proposed resolutions;
12. To elect, pursuant to Rule 23 of the Cooperative Societies Rules, the three (3) members of the Central Management Committee (CMC) retiring each year by rotation;
13. To elect, pursuant to Rule 28(1) of the Cooperative Societies Rules, the one (1) member of the Supervisory Committee (SC) retiring each year by rotation; and
14. To transact any other business whose notice will have been received by the Secretary in accordance with the Society’s By-Laws;

All other matters not included in the agenda and which you, as a member, feel should be discussed should be sent to info@kanisa-sacco.org by 13^th March 2020.

A kind reminder that non-attendance of the AGM shall attract a penalty of Kenya Shillings Five hundred (Kes. 500), apologies shall attract a penalty of Kenya Shillings two hundred (Kes 200), and late attendance shall attract a penalty of Kenya Shillings one hundred (Kes 100). Please note that attendance of the AGM is strictly for members only and non-members will not be allowed to attend. Three (3) officials in the Central Management Committee and one (1) in the Supervisory Committee are retiring by rotation and are eligible to offer themselves for re-election. Those interested in serving in the CMC and Supervisory Committee should complete the attached Candidates’ Details Form and forward the same to the Finance Manager info@kanisa-sacco.org before 13^th March 2020. Please note that Section 7 (7.2) and Section 9.3 (9.3) of Kanisa SACCO Society By-Laws requires, among others, that in order to be elected into office, one must be over 21 years old, must have been an active member for two (2) consecutive years, and should have minimum deposits of Kenya Shillings one hundred thousand (Kes 100,000).

By Order of the Central Management Committee,

Alice Agunda
Hon. Secretary.

CC:     County Cooperative Officer, Westlands Sub County, Nairobi.
            County Cooperative Auditor, Nairobi City County.
            County Commissioner, Nairobi City County.

Attachment
Candidates’ Details Form