An organisation that defrauded Kenyans millions of shillings twice, has now re-emerged in Central Kenya using the evangelical churches network to recruit members with promises of quick jobs, cheap loans and funding of projects as a bait.
The group is so daring that it is cheating congregation that it has been “allowed” by the Central Bank of Kenya to recruit up to one million Kenyans who will benefit from cheaper loans. This is a major lie because the role of the Central Bank of Kenya is not to “allow” such activities but to manage the money supply and interest rates in order to promote financial stability through regulation, supervision and licensing of financial institutions under its mandate.
To cover its tracks and take advantage of the gullible, the group has registered as an investment company and as a society, certificates that it is using to show it is “registered” and “recognised” by the government, a scheme to win confidence from its targeted prey. It has also registered a housing company and intends to register a housing company and intends to register a Sacco.
Recently, the organisation known as the East Africa Sub-Saharan Safe Promotion Foundation-International (SSASPF), held a forum of its clusters from Embu County at Gospel Outreach Church Embu Blue Valley Estate where over a thousand people turned up hoping they would be given the cheaper loans. Rev Philip Kite, the organisation’s, deputy secretary claimed the Central Bank of Kenya gave them a limit to register one million Kenyans and issue them with loans to carry out various projects.
“Our objective is to help alleviate poverty in every village in all the 47 counties. We plan to issue loans for various projects and assist Kenyans to acquire affordable housing. We also have a Sacco which has several employees,” he said.
The loans the organisation promises to offer are shrouded in doubts with Rev Kite saying members will not require any security. “The cluster is the security,” he pointed out.
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