Ownership
right to own the SACCO.
Share Capital
Share Capital
Share capital is a unit of ownership in the Sacco that a member obtains to become a Member. It is also the member's permanent contribution towards the Sacco capital which forms part of the Sacco equity.
BENEFITS
- Gives you the right to Sacco shareholding.
- Earns a high rate of return.
- Used to determine loan maximum eligibility.
Benefits
High Returns
high dividend payouts.
Transferrable
can be transferred.
All members are required to have a minimum share capital of KES. 20,000. The amount can be paid in instalments until fully paid.