We are a micro lending institution offering credit settlement and consolidation financial solutions.

1. Better Business Management (BBM)
Sacco Society Ltd.
Debt Settlement & Consolidation

2. Who we are
We are a community based savings & credit cooperative society, that offers debt
settlement solutions, interest-free loans, asset financing & low-cost housing
mortgage facility, financial training & other wealth creation initiatives.

3. Mission, Principles & Values
Our mission
• To educate, elevate and empower
members of the community
economically and socially on a
micro level.
Our vision
• To be the premier micro-lending
institution that eradicates poverty
occasioned by debt overload and
loss of investments through
auction and foreclosure.
Our Principles
• Giving
• Earning
• Sustaining
Our Values
• Integrity & Honesty
• Growth & Development
• Service & Servant leadership
• Compassion

4. What we do - Debt Settlement
1) BBM’s core business is in debt settlement and consolidation. This is done through
settling the debt of the struggling borrower while giving them an opportunity to sell the
asset through private liquidation devoid of the pressure and humiliation from
auctioneers. This will in turn help the customer get his financial status back on track.
2) This product enables both banks and their customers to meet halfway and avoids a
situation where the debts accumulate and the customer is unable to repay therefore
causing loss to the bank and to the customer.
3) Full disclosures regarding the interest and sale commission charged for the services are
fully disclosed to the client to ensure that there is no conflict of interest.

5. Customer Journey
1. Registration & application
2. Verification of outstanding loan balance
3. Get preapproved
4. Processing
5. Receiving approval
6. Signing of the deed of assignment (Legal)
7. loan settlement
8. Transfer possession of asset to BBM Sacco
9. Private liquidation of asset
10. Funds transfer to assignor less charges

6. The debt situation in the market
• According to recent statistics by Central Bank of Kenya, there is a steady increase in the
number of non-performing loans compared to previous years (2016 and 2015).
• In the small banks it is reported to be at an average of 19 per cent, while with large banks
it is at an average of eight per cent.
• This data presents a case where banks are losing one shilling for every five shillings lent
out.
• Declining profitability in the corporate sector and employee attrition due to a poor
economy are believed to be the major cause.

7. Why us
• Vast experience in managing debt
• Discreet & confidential
• Free consultation
• Team work
• Proven success

8. Contacts
Robert Kefa Irungu
Executive Director|Founder
BBM Sacco
APA Arcade | Argwings Kodhek Road
T: +254 20 444 0015
M: +254 705 999 101
www.bbmsacco.co.ke
@bbmsacco
@bbmsacco