Dear Comrades, the management committee of KOBA held consultations and agreed to initiate the above kitty effective 01 April 2021, in line with our current strategic plan and last year’s AGM resolution.
Any alumnus is welcome to contribute to the kitty at Ksh300/= per month (or 10 Bob per day). We shall have a grace period of 3 months before any benefit is paid out, to allow for accumulation of the Kitty to a point where it can sustain payments. Initially, the Kitty shall cater for burials and hospitalization. However, we shall progressively review the package of benefits as the months go by.