• Kamuriai, Busia County
  • Mon-Fri. 8am - 5pm | Sat-Sun: Closed
Know About

Membership

Our Membership comprise of two categories

1. Pioneer members
These are members who signed the application for registration.

2. New members
subsequently admitted in accordance with these by-laws.

Qualification for membership

A person who possesses the following qualifications shall be eligible for membership

Nationality

Is within the field of membership consisting of the following common bond: Within the locality, Kenyan citizen and anyone willing to join

Age

Has attained the age of 18 years

Mental Stability

A member should be of good character and sound mind

Application

Pays the entrance fee and share capital as prescribed in the by-laws

Application For Membership

Read these Instructions
  1. 1. Every applicant for membership shall complete an “application for membership” form. This form shall be drawn to show all the information required for the purpose of registration of a member
  2.  

2. An applicant shall be admitted to membership on application upon payment of an entrance fee of Kshs.1, 000.00.

3. Upon admission the members’ name shall be entered in the membership register and a membership number issued.

4. Members shall be admitted by the board subject to Confirmation they have paid the entrance fee and purchased the minimum shares.

5. The member shall pay for a copy of the society by-laws at its actual cost to the society.

Points to note

-The board may refuse admission to a person after assigning reasons for their decision. Such a person, if otherwise eligible for membership, shall have the right to appeal to the next General Meeting

-No member shall belong to more than one Sacco society serving similar purpose