Membership

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Membership

To become a member one needs to fill in this membership application form, or at the Headquarters or any Society branch countrywide including the FOSA’s. Admission is done once the members pay a one-off fee of KShs. 1000 (one thousand) and buys a minimum of 1,000 shares of KShs. 20 each. A membership number is issued to all its members.

The society uses the check off system for payment of members’ shares and loans.

Minimum share contribution is Ksh. 1,000.

The members are also at liberty to withdraw from the society as and when they wish to. The withdrawal can be due to death, willful resignation, or retirement.

Membership Benefits

  • High savings will result in high dividends.
  • Sacco interest rates on both savings and loans are generally better than those offered by commercial banks.
  • High savings will strengthen the society’s lending capacity.
  • Three times your savings loan entitlement.
  • High savings guarantees a member a comfortable retirement.
  • High savings need less guarantors.
  • Loan repayment period of up to 48 months.

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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: info@shirikasacco.co.ke, shirikasaccosociety@gmail.com © 2016 Shirika Sacco Society LTD. All Rights Reserved. Designed & Developed by Adzumi.