Member Deposits is a solution that enables our members to save securely and also earn dividends on their savings at a rate. Member Deposits also enables our members access our affordable credit products by using their savings as part of the guarantee.
Member deposits enables a member to qualify for loans 3 times their savings.The accrued member deposits are withdrawable upon resignation as a sacco member.
Eligibility
1. Register as a Sacco Member by filling a membership application form.
2. Minimum monthly contribution of Kes. 1500