How to join:

The membership is currently over 5500 growing widely and very fast. The minimum deposit contribution is Kshs. 500.00 per month where a member can be granted a loan based on total contribution after six months.

New Members Requirements:

  1. Fill an application form and attach two passport size photographs and a copy of national identity card.
  2. A copy of KRA Pin certificate.
  3. When joining members contribute a minimum of ksh. 3300.
  4. Minimum contribution of ksh. 500 per month.
  5. Minimum share capital of sh. 10,000. A member must pay ksh. 2000 when joining and the balance of ksh. 8000 to be paid within 6 months.
  6. Benevolent fund of ksh. 300 (paid once annually).

Re-joining Members:

  • Payment of a re-joining fee of Ksh. 1000 for one to retain his/her membership number.

Corporate Membership Requirements

Corporate:

  • A valid registration certificate
  • Copy Company memorandum of article of association
  • Copy Certification of incorporation
  • Copy of the minutes
  • KRA PIN CERTIFICATE
  • Introductory Letter from ministry of gender and social services for groups
  • When joining to pay Share contribution of Ksh. 2,000 and to pay the balance of ksh. 28,000 in 6 months’ time
  • Registration fees Ksh. 1,000
  • Minimum deposit of 2,000 per month

Registered Groups

  • A valid registration certificate
  • At least seven members should be members of the Sacco.
  • Copy of minutes
  • Introductory Letter from ministry of gender and social services for groups
  • KRA pin certificate
  • When joining to pay Share contribution of Ksh. 2,000 and to pay the balance of ksh. 28,000 in 6 months’ time
  • Registration fees Ksh. 1,000
  • Minimum deposit of 2,000 per month

Membership benefits

Welfare

The management committee holds education seminars for members, management and staff where issues related to risk management, compliance wth law and stakeholders responsibilities are discussed. The society has worn several trophies during National Ushirika Day celebrations over the years for being the best managed and best insured Sacco in Ruiru sub-county.

Benevolence Fund

This is a fund which is paid once per year amounting to Ksh. 300. In the event that a misfortune occurs where a member dies the family will be given a cheque for burial preparation by the Sacco.

Aspirations

  • Open front office services
  • Increase the society’s capital base
  • Provide a higher rate of return to member’s saving
  • Provisions of more products to the members
  • Initiate more revenue avenues for three members

Payment Channels

MPESA

Paybill: 834700

Account number: Your Sacco Member number

KCB

Account Number: 1208683519

Cooperative Bank

Account Number: 01100074554200

National Bank

Account Number: 01248059569400

Equity Bank

Account Number: 0870172350573

Family Bank

Account Number: 024000032564