MINUTES OF THE 28TH JULY MEETING HELD AT RAICIRI HOUSE RM

210 AT 0700HRS
Members Present
June Karimi
Chairperson
Oscar WaiharoTreasurer
Lilian Kibathi
Marketing & Branding Manager
Brian Waburi
Secretary
AGENDA
1. Preliminaries
2. Reading & Confirmation of previous meeting
3. Short term goals
4. Long term goals
5. Chairs presentation on progress
6. A.O.B
PRELIMINARIES OPENING PRAYER
The meeting began with a word of prayer from Lilian Kibathi. It was called to order by the
Chairperson.
MIN: VHL/01/28/07/16 READING & CONFIRMATION OF PREVIOUS MEETINGS
The minutes of the previous meeting were read out by the Secretary and seconded by the
Treasurer. They were confirmed to be a true representation of what was discussed in the previous
meeting.
MIN: VHL/02/28/07/16 SHORT TERM GOALS
The following points were agreed upon as the general companys short term goals:
Fully functional system in place by August 15 2016
Value House as an established brand to the market by September 2016
Financial freedom to all directors by end of December 2017 net income of Ksh.
250,000 per month.
An exit plan from Value House by 2020, become board members and venture into fields
such as construction, horticulture farming, transport logistics, manufacturing, mining and
engineering which will be known collectively as Value House Holdings.

MIN: VHL/03/28/07/16 LONG TERM GOALS

The following were set as the companys long term goals;

Establishing Value House centres in all 47 counties in Kenya by 15th July 2026
Empowering youth, women and PWDs through employment and/or internship
opportunities with the company.
Establish Value House Holdings by 30th November 2021

MIN: VHL/04/28/07/16 PRESENTATION BY CHAIR

The chair proceeded to note the following concerning all members progress during the week
ending 29th July 2016
Daily and weekly progress reports were not printed by Waburi. It was also noted that the
work plan was not printed.
Recommendations were to be included after writing down Key Conclusions in the
Weekly Progress Report.
The progress of individual systems by Waburi and Lilian was wanting as none of them
had fully developed their organization charts to the last possible individual in their
respective departments. A deadline of Monday 1st August 2016 was set to complete this
task.
The following responsibilities were delegated:
Record Keeping and relaying Key Decisions Waburi
Collection of contributions and setting deadlines for the same Oscar
Waburi and Lilian were to complete their organization charts down to the last employee
in order for posts and responsibilities to be assigned immediately afterwards.
Behaviour patterns of members were wanting.
MIN: VHL/05/28/07/16 AOB
Weekly contributions to be removed every beginning of the week on Monday.
Failure to meet any kind of fine attracts a Ksh. 200 fine extra for each day not paid.
A deadline will be set for every fine issued.
There being no further business, the meeting was adjourned at 0830HRS
Signed by;
SECRETARY:

DATE: 1st AUGUST 2016

CHAIRMAN:

DATE: 1st AUGUST 2016

WITNESS:

DATE: 1st AUGUST 2016