- Encourages savings
-Encourages investments e.g. buying a vehicle or land
-Earns dividends every year
-Provides education to its members
-In case of bereavement, caters for the family members.
-Gives normal loans and emergency loans and other forms of credit
-Interest charged on the loans is cheaper compared to commercial banks.
gideon1 answered the question on November 12, 2017 at 17:10
- Highlight four reasons why the Mau escarpment is an important Natural resource(Solved)
Highlight four reasons why the Mau escarpment is an important Natural resource
Date posted: November 12, 2017. Answers (1)
- A modern office requires a computer to carry out multiple functions. Highlight any four(Solved)
A modern office requires a computer to carry out multiple functions. Highlight any four
Date posted: November 12, 2017. Answers (1)
- Highlight four roles of an entrepreneur to the economy of a country(Solved)
Highlight four roles of an entrepreneur to the economy of a country
Date posted: November 12, 2017. Answers (1)
- State four limitations of direct production(Solved)
State four limitations of direct production
Date posted: November 12, 2017. Answers (1)
- Highlight consequences of poor control in an organization(Solved)
Highlight consequences of poor control in an organization
Date posted: November 11, 2017. Answers (1)
- Explain five benefits of mobile phone money transfer services.(Solved)
Explain five benefits of mobile phone money transfer services.
Date posted: November 11, 2017. Answers (1)
- Describe five ways in which the price of a product can be determined in a market.(Solved)
Describe five ways in which the price of a product can be determined in a market.
Date posted: November 11, 2017. Answers (1)
- Labour is one of the basic factors of production. Outline five measures that a business can take to increase the productivity of its labour force.(Solved)
Labour is one of the basic factors of production. Outline five measures that a business can take to increase the productivity of its labour force.
Date posted: November 11, 2017. Answers (1)
- Explain five principles that guide the tax system in a country.(Solved)
Explain five principles that guide the tax system in a country.
Date posted: November 11, 2017. Answers (1)
- Explain five advantages of a public limited company as a form of business.(Solved)
Explain five advantages of a public limited company as a form of business.
Date posted: November 11, 2017. Answers (1)
- The Kenyan government has plans to construct a major seaport at Lamu. Explain four benefits that may accrue to the country from this new port at...(Solved)
The Kenyan government has plans to construct a major seaport at Lamu. Explain four benefits that may accrue to the country from this new port at Lamu.
Date posted: November 11, 2017. Answers (1)
- Discuss six reasons why many Kenyans are increasingly shopping in supermarkets.(Solved)
Discuss six reasons why many Kenyans are increasingly shopping in supermarkets.
Date posted: November 11, 2017. Answers (1)
- Explain five roles that intermediaries play in the distribution of goods and services.(Solved)
Explain five roles that intermediaries play in the distribution of goods and services.
Date posted: November 11, 2017. Answers (1)
- Give sources of capital for partnership type of business(Solved)
Give the disadvantages of Sole Proprietorship type of business
Date posted: November 11, 2017. Answers (1)
- Give the disadvantages of Sole Proprietorship type of business(Solved)
Give the disadvantages of Sole Proprietorship type of business
Date posted: November 11, 2017. Answers (1)
- Explain four objectives of communication skills(Solved)
Explain four objectives of communication skills
Date posted: November 10, 2017. Answers (1)
- Outline functions of the world bank(Solved)
Outline functions of the world bank
Date posted: November 9, 2017. Answers (1)
- Imagine you have collected your form four national examinations results, you have passed very well. Write a thank you note to your class teacher(Solved)
Imagine you have collected your form four national examinations results, you have passed very well. Write a thank you note to your class teacher
Date posted: November 9, 2017. Answers (1)
- Explain five reasons why the insured may not be compensated despite suffering a loss (Solved)
Explain five reasons why the insured may not be compensated despite suffering a loss
Date posted: November 9, 2017. Answers (1)
- Highlights five benefits of sending letters and parcels by courier services(Solved)
Highlights five benefits of sending letters and parcels by courier services
Date posted: November 9, 2017. Answers (1)