This is a risk management fund. The society members are the fund members. They contribute Ksh. 200 per month. The fund covers premiums for Loan Guard Insurance Policy with the CIC.
To access the Burial Benevolent Fund benefits, the next of kin produce a death notification or burial permit to be paid the Ksh.100,000 for burial and a death certificate for shares refund. Only nominees (where provided) or legal estate administrators are paid the benefits.
Shirika Sacco Society LTD was registered on 24th April 1969 by the founding members of the Ministry of Industrialization and Enterprise Development Department. Main Office | SHIRIKA COOP HOUSE, Kipande/Ngara Rd | P.O. BOX 43429 - 00100, Nairobi | Tel: 0724610715, 0734897817 Email: email@example.com, firstname.lastname@example.org © 2016 Shirika Sacco Society LTD. All Rights Reserved. Designed & Developed by Adzumi.