Long term non-withdrawable savings however is refundable upon termination of membership as per the Sacco by-laws.
Share Deposits form the foundation of your membership and determine your borrowing capacity.
Features
- Minimum monthly deposit is Ksh.2,200 for members yet to reach Minimum Share Capital Contribution and Ksh. 1,700 for members who have attained Ksh.35,000 in Share Capital .
- Higher deposits give a member high borrowing power.
- Can be used as security for loans.
- Earns rebates as declared by the AGM.
- Can be used as a security to access mobile loans at 90%, 75% and 50% of the Share Deposits and BOSA Loans. Terms and Conditions Apply.
- Continue growing your wealth through regular monthly contributions.