1. What accounts are available to members?

• Main Savings Account (Mandatory and Not Withdrawable)
• Emergency Account (Optional)
• Fixed Account (Optional)
• Holiday Account (Optional)
• Young Dreamers Account (Optional)

2. What is the difference between a share and a share capital?

There is no difference between a share and share capital.

• Share Capital represents the equity (core capital) of the SACCO, divided into affordable shares that allow every Member to own a part of the Society.
• Each registered SACCO Member holds at least 20 shares, valued at Kshs. 1000/= each. Thus Kshs. 20,000
• Share Capital is transferable, with the SACCO facilitating the process.
• The shares consistently earn annual dividends as agreed by the Management Committee

3. How do I make contributions towards my share capital?

• When a member makes a payment, they have the flexibility to decide the allocation between the share capital and their main savings account and other savings accounts.
• It’s important to note that the minimum share capital is Kshs 20,000.
• By consistently purchasing shares in the Sacco, members contribute to their share capital, which the Sacco then invests for growth purposes.

4. What is a dividend?

A portion of the society’s surplus, distributed among its members, is determined by the Sacco’s profitability and each member’s shareholding percentage.