This scheme allows one to save regularly and use the savings to secure and guarantee loans. Dividends and interests on savings is paid annually. The Minimum monthly contribution is Kes. 5,000 for principal members and Kes. 1,000 for members by introduction.
Contributions can be done using any of these methods:
- Standing orders
- Direct Debit
- Direct deposit
- M-pesa paybill no 540900
This scheme allows members to deposit and withdraw at their own convenience.Savings can be transferred to Sacco deposits and used for borrowing.
This scheme enables members to invest their money; minimum of Kes. 50,000 for a minimum of three months at very attractive rates. This deposit can be used as collateral for a loan.