Boresha Sacco Society Limited v John Waithaka Chege [2019] KECPT 16 (KLR) | Loan Default | Esheria

Boresha Sacco Society Limited v John Waithaka Chege [2019] KECPT 16 (KLR)

Full Case Text

REPUBLIC OF KENYA

IN THE CO-OPERATIVE TRIBUNAL AT NAIROBI

TRIBUNAL CASE NO. 167 OF 2018

BORESHA SACCO SOCIETY LIMITED............................................CLAIMANT

VERSUS

JOHN WAITHAKA CHEGE.............................................................RESPONDENT

JUDGMENT

The Claimant has moved  the Tribunal  Vide  the  statement  of claim dated  2. 5.2018. seeking in the  main,  the following  reliefs:-

(a)  Payment  of outstanding  loan  and interest  amounting  to Kshs.1,325,426/=;

(b) Costs; and

(c) Interest  from  30. 4.18.

The  Respondent has opposed  the suit  by filing  a response  to the claim  dated  18. 6.18.

Claimant’s Case

CW1- FREDRICK  LAGAT stated  that he  was the Manager –Corporate  Affairs  and previously the  Branch Manager  of the claimant.  That  the Respondent joined the Sacco  and applied  for a loan  of  Kshs.1 Million. His  savings  were Kshs.350,000/=. He was therefore eligible for a loan  3 times  the amount.

That  the Respondent provided  an affidavit, proposed  a  security for  the loan  and stated that  he would submit  the said  titles  later  for purposes  of charging. That he never submitted the same.

That  the loan  was issued through  his FOSA account  and that he  only  repaid  Kshs.29,000/=. That on  default,  it notified  the member and  did two  reminders  demanding  to recover  the amount  plus interest. He (CW-1) adopted his witness statement  dated  2. 5.18 and filed  on 23. 8.18.

CW2- AFFRED CHERONO, the Branch  Manager of the Claimant  stated  that  they  filed documents  dated  17. 9.2018 and filed  on 21. 9.18 (exhibits 7,8,9 and 10). That  the Respondent  had cleared  his first  loan  and  applied  for the 2nd  loan  of Kshs.960,000/= plus security of  Kshs.20,000/= and application fees  of Kshs.20,000/=. A total  of Kshs.1 Million was disbursed. That the amounts  were withdrawn from the account  as shown  in  exhibit No.  8.  He  also produced  a bankers  cheque request form  for Kshs.600,000/= and  there was  only one  deposit of Kshs.29,000/= as  payment.

Respondent’s  Case

RW1- JOHN WAITHAKA CHEGE stated that he  filed a list of documents  dated 13. 8.18 and filed  on 15. 8.18. (exhibits 1,2,3). That  he was issued  a loan of Kshs.960,000/= and security  was  household   items  since  he  had proposed land  as security  but  it was declined. That  the auctioneers took  household  items  worth  Kshs.800,000/= and  yet  they were still  claiming  the money. That he never  received  notice  and he  prayed  for the value of the household  items  and his  savings  he used  to offset the loan.

Parties  filed  their  written  submissions  on 26. 9.19 and  11. 10. 19 respectively.

Claimant’s written submissions

The Claimant in  its  written  submissions  confirmed  that the Respondent was  its member. That he opened  an account  on 5. 9.14 and  was given  a membership  number 68902039.  That  he applied  for the loan  and his  cumulative  savings  is Kshs.335,407/=

That the  Respondent  applied  and received  the loan  which  was deposited  into his  account number 50410206701. That he withdrew the amounts from  the said  account.  Thereafter, he defaulted after making a payment of Kshs.29,000/=.

That  the Respondent  overestimated  the household  goods’  value  and it was the reason  why he was  requested  to furnish  additional  security. That  the  proposal  to offset  the loan  from the savings  is not viable  since the loan  application  and agreement  form  has expressly stated  that  no member  is  allowed to withdraw  part of the savings  against  the  loan unless  they are cleared  and  ceases  to be a  member.

That they served the Notices  which  were ignored.  That the error  in the affidavit  is an inadvertent  mistake  of the advocate  who was  Commissioning  and wrote  his  name  instead   of that of the respondent.

The Claimant  therefore  prayed  for  the payment  of the loan  at Kshs.1,325,426/= plus  interest at prevailing  commercial rates.

Respondent’s  written  submissions

The  Respondent  disputes  membership on account that  there is  no evidence  tendered  to demonstrate  an application  as a member  or membership number but  only  an account number.

That  there  was no material evidence  presented  to show  that the Claimant  was entitled  to advance  loans. That  they did not qualify  to give  loans and thus  not  entitled to claim  loan on  an illegality.

That  the claim  of Kshs.1 Million is disputed  since  the only  amount  credited was  Kshs.960,000/= and  the rest  is not justified. That  therefore  the claimant  does not  have any  claim  of Kshs.1 Million. That  the claimant  alleged to  have paid  a sum  of Kshs.600,000/= through  a bankers cheque for Baringo  Teachers  Sacco Society Limited and this  has not been  proved  that Boresha  and Baringo  are one  and the same  thing.

Auctioneers

The Respondent alleged  that the  Claimant  instructed  Sakame  Auctioneers  who  proclaimed  and seized the respondent’s household goods.

That  this  fact  has not been  disputed.  That the Claimant  ought  to have  ensured  that the said  household  items were sold  and how  much  realized before instituting this claim.

That  they were not issued  with Statutory  Notices  before  commencing  process  of recovery  and no such  evidence  was prosecuted.  Therefore, the recovery process was illegal and unlawful.

That  the said affidavit was defective in nature  and the said  Nathan Kitiwa ought  to have been  called to disclose  the capacity in which  he swore  the affidavit. The  Respondent  therefore  seeks  for  the dismissal  of the suit  since the  Claimant  has not  been dismissed  on a balance  of  probability.

Decision

We have carefully  considered  the evidence  on record  and render  our determination  as follows:

Membership

On the issue of membership, we are  satisfied  that the  Respondent  was a member  of the Claimant owing  to the fact  that he  was saving  his money  with  it and  neither  he had account  number  and  a membership number  which qualified his  membership  with the Claimant.

Loan

On the  issue of  whether  or not  he took a loan,  we have seen  the Loan  Application and Agreement  Form duly  signed by the Respondent  for a sum  of  Kshs.1,000,000/= applied  for on  10. 3.2016. We have  also seen  the affidavit  dated 10. 3.2016.

We have  also looked  at the Respondent’s savings  cumulated  last dated  7. 4.16 being  a commitment  to make  monthly  savings  of Kshs.5000/= per month  as he  continues  to repay  the loan.

There is also  the Respondent  affidavit  undertaking  to sub-divide  register  and deposit  his title  deed  for securing the loan. We  have also looked  at the statement  of account  of the claimant  filed on 2. 9.18. the same  indicates a deposit  of Kshs.960,000/= on 21. 4.16 as a new loan (corporate business loan) for member  number  6890.

The  statement  of account of the  Respondent  reflects  the same loan  of Kshs.960,000/= security  Kshs.20,000/= and Kshs.20,000/=processing  fees.  This was deposited  on 21. 4.16.

We have  also seen  bankers  cheque  request  for dated  21. 4.16 for Kshs.600,000/= in favour  of  the respondent  together with the withdrawal voucher  for the  same amount.

The Respondent  purports  to have been  issued a loan  of Kshs.960,000/= as  opposed  to Kshs.1 Million.

We claim  that Kshs.960,000/= was disbursed  to his  account  plus  processing fees  of Kshs.20,000/= as per the statement produced  before  the Tribunal. We  therefore  find  that claimant  owes Kshs.1 Million  being  the loan  and attendant  fees.

Whether  the Respondent  defaulted in repayment  of the loan

It is  the Claimant’s  case  that upon  receipt  of the  loan  the respondent  only made  a repayment  of Kshs.29,000/= as per  the deposit  slip produced  before us dated 7. 10. 16 and reflected  in the statement  of accounts of  the Claimant.  No further  evidence  was availed  by the respondent  that  he repaid  this loan.

We note  that the  proclamation dated  20. 5.17 and the value of  household  goods  estimated  at approximately Kshs.85,000/= and indicates  auctioneers  fees at Kshs.100,000/= together  with the letter  confirming  proclamation  by Sakame  Auctioneers dated  20. 5.17.

We have also noted  the notification  of same dated 2. 6.17  with an estimated forced sale value  of  the goods  at approximately  Kshs.50,000/=.

The Respondent  alleges that  his property  was worth over  Kshs.800,000/= yet  no evidence  was availed  to justify this value.

We also  note  the savings  of Kshs.335,470/= as per  his statement.

We find  that the Respondent  has not demonstrated  having  offset the loan as issued.

The only  evidence  of payment  is Kshs.29,000/= therefore in essence  the Respondent  defaulted.

We note  that the amount  of savings of Kshs.335,470/= would not  have been  used  to offset  the loan  since  the would  terminate  his membership with the  claimant.

It  has not  been disclosed  whether  the said  goods  were valued  and  what happened  after  the notification of sale.

Whether  the attachment  of the Respondent’s  household  goods was legal.

From  the evidence  on record  it is  apparent   that the  claimant  did not  follow  the proper  procedure  in enforcing  its right  after default. They  proclaimed  and attached  the respondent’s  household goods  without  following  the process.

We have  noted the  loan  application  and agreement  form filed is  the claimant  indicating  the house goods  placed  as security  for  the loan  and the estimated  value which  total  to  an  approximate  amount  of  Kshs.905,000/- as  per their own  valuation . we note that  proclamation  done returned  a figure  of Kshs.85,000/= and a forced  sale value  of Kshs.50,000/=.

We note that  the loan  date of  the loan  application  and agreement  form  is  10. 3.16  whereas  the proclamation  is dated  20. 5.2017. This is  a period of  one (1) year  and  two month (15 months). It is  questionable  that  the  value of the same  household  goods  depreciated by over  Kshs.7000/=within  the  15 months.  It is not clear  why, after  proclamation and notification  of sale,  other said  household  goods were  not  sold.  The Claimants  perpetuated  an illegality  by proclaiming  illegally. It has  therefore  not come to  the seat  of justice  with clean hands.

This Tribunal  cannot  perpetuate an  illegalities. Even though  the Respondent  did not offset  the loan,  except  for Kshs.29,000/= the claimant  went ahead  took  the law unto  their own  hands illegally  proclaimed  and attached  securities  of the Respondent, undervalued  the said household goods, did not  give accounts of the proclaimed/attached  goods  but  lets   them  to lay  get wasted. They  cannot  therefore  preferred  to be innocent  after punishing   the respondent  and  continue  seeking  repayment  of the loan  despite  perpetuation  of illegal  process.

In this case therefore, we find that  the respondent  has suffered  immeasurably  in the hands  of the claimant. The value  of  the proclaimed  goods  was estimated  at Kshs.905,000/= the value  of the savings  is Kshs.335,470/= this  totals  to Kshs.1,240,470/=.

The Claimant is claiming the sum of Kshs.1,325,426/= less  Kshs.29,000/= admitted.  This leaves a figure of Kshs.1,296,426. When this is subtracted from Kshs.1,240,470/= the  Respondent  owes it Kshs.55,956/=.

Having  found that  the Claimant  took the  law unto  its hands  by illegally  proclaiming and attaching  the household  goods of the Respondent and  leaving  to  waste, without  having sold  them, or returning them, we find  that the Respondent  has suffered  irreparable damage  and hereby  offset  the outstanding  loan of  Kshs.55,956/=  against  this suffering.

Accordingly,  the Respondent  discharged  from  any  liability over the loan.

For avoidance  of doubt, we state that  the claimant  can accordingly utilize   the savings  of Kshs.335,470/= to offset  the loan. The suit is  accordingly  dismissed having  not been  established  on  a balance  of probability. Each  party  to bear  own  costs.

Judgment read and delivered in open court, this 5th day of December2019

In the presence of:

Claimant                  : Mr. Shifusuka holding brief for  Obaka for Claimant

Respondent              : Mr. Vwaya  holding brief  for Mr. Mathenge  forRespondent

Court Assistant                   :

Hon.B.Kimemia                  -          Chairman:

Hon.F. Terer                        –          Deputy Chairman:

P.Swanya                             -          Member: