On Thu, Jan 14, 2010 at 10:17 AM, Martin Waireri <mwaireri@gmail.com> wrote:

My question : Was Sasanet really a profitable venture, who can vouch for this, again why did venture into micro-finance if sasanet was a viable business ?

On Thu, Jan 14, 2010 at 9:38 AlM, Solomon Mburu Kamau <solo.mburu@gmail.com> wrote:

2010/1/14 Theus Owicho <owichot@gmail.com>

They were never a micro finance. Chege is living comfortably in Kile
and is even seen at his girlfriends house also in Kabete. He ran with
Millions but will never face the law

They were never a Micro-finance, yes, but the y duped the public into believing that they were an IC T company but in real sense, these guys were a kind of a micro-finance organization.

The Mafia in Italy contribute taxes, build schools, but they remain drug cartels and barons!

On 1/10/10, Solomon Mburu Kamau <solo.mburu@gmail.com> wrote:
> From what my brain's archive says, sasanet went defunct because they started
> operating a kind-of micro-finance organization thus moving away from the
> core business. During the day, shifting from the main business meant closing
> or losing your business.
>
> I think that's what happened! (Corrections are welcome, though)
>
> 2010/1/10 Mark Mwangi <mwangy@gmail.com>
>
>
> > hey people,
> >
> > I remember some time back just when the mobile phone craze was hitting
> > home and sms's used to cost a fortune to send (especially for young
> > guys when the cheapest card was like 100/-), There were several sites
> > that let you send sms's to any Kenyan no. and they were very popular
> > in cyber café's . the most popular was sasanet.co.ke which I now
> > understand to be defunct. . . anyway they all shutdown at the same
> > time just when they were really getting a strong following and i thot
> > their business case was good because of the advert bit at the end. . .
> > . .my thots are that there was a change in regulations that simply put
> > them out of business. . or does anyone know what happened?
> > --
> > Regards,
> >
> > Mark Mwangi
> >
> > http://mwangy.wordpress.com
> >
> > Skype : mark.mwangy

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> Solomon Mbũrũ Kamau
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>
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Solomon Mbũrũ Kamau
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Cell: (+254-0) 735 431041

Man is a gregarious animal and enjoys agreement as cows will graze all the same way to the side of a hill!

AND

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