a) The institution is duly registered or incorporated under any applicable law in the Republic of Kenya relating to its registration or incorporation.

b) The institution has a resolution of its governing organ to join the SACCO Society, including names of members, office bearers, and individuals authorized to transact on behalf of the institution.

c) The institution has a written constitution, By-Laws, Memorandum and Articles of Association, or any other constitutive instrument, as may be applicable to the institution.

d) The institution pays the entrance fee of KES 5,000 and the minimum share capital of KES 100,000.

e) Minimum deposit per month KES 50,000.

APPLICATION FOR MEMBERSHIP

a) Submission of a duly completed membership application form (download here )

b) Submission of extracts of minutes of the board resolution authorizing the application for membership.

c) Submission of the Certificate of Incorporation.

d) Submission of the PIN certificate.

e) Submission of the Tax Compliance Certificate.

f) Submission of a copy of the audited financial reports for the last 2 years.

g) Signatories are required to submit their KRA PIN and ID copies.