Membership

Eligibility:

The following persons, institutions or groups are eligible for membership:

  1. National Government ministries and parastatals
  2. County employees
  3. Private sector
  4. Organized groups e.g. youth groups, women groups etc
  5. Immediate family of an existing member
  6. Chamas and Corporates

Principles guiding our business:

The society membership shall continue to be guided by the following co-operative principles:

  1. Voluntary and open membership
  2. Democratic member control additional principle
  3. Economic participation by the members
  4. Autonomy and independence
  5. Education, training and information
  6. Co-operation among co-operatives and
  7. Concern for community in general

Membership Application :

Application for membership is on a prescribed application form which should be filled and forwarded to the Office for consideration. Members whose applications are successful are sent an acknowledgement and deduction effected in the Payroll immediately. Employers are required to introduce their employees who wish to join the SACCO and commit themselves to deduct and remit all the Societys dues through the Check-off System.

Entrance Fee and Monthly Contributions

Each applicant shall pay a one-off entrance fee of Kshs 600/= as prescribed in the Sacco By-laws,  which is non refundable. In the event that share contribution are received before the entrance fee, the same shall be deducted from the shares so received. Every member shall be required to make a minimum deposit contribution of Ksh. 1,000 /= per month or 5% of basic salary  whichever is higher.