Become a member
TYPE OF MEMBERSHIP
Individual membership and group membership.
BENEFITS OF BECOMING A MEMBER
HOW TO BECOME A MEMBER
One is required to:
- Purchase a minimum of 100 shares at 525ksh.
- Pay a non-refundable admission fee of 20,000ksh
- Total to pay is 72,500 ksh
- Fill in a registration form and attach a passport photo, copy of ID, copy of KRA pin and proof of payment.
- Minimum monthly contribution is 3000ksh
Who can join under group membership? A Chama, a self-help group, an investment company and a Sacco. Requirements
Please note that groups are not allowed to make the first payment of KES 207,500 in installments.
- Copy of registration certificate of the group
- Copy of PIN of the group
- 1 passport size photo of 3 directors
- Copies of PIN and ID of the 3 directors
- Minimum monthly contribution for a group is 15,000ksh
|CATEGORY||LESS THAN 20 and MORE THAN 20 MEMBERS|
|Minimum shares||300 shares|
|Min. Shares (Kshs.)||207,500/=|
|Monthly Contribution||3,000/= per member|
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