MEMBERSHIP

Membership Categories

The membership of Christ Ambassador Sacco is made up of persons who have voluntarily come together to meet their common economic and social needs. Membership is subject to payment of share capital as provided in the Society’s by-laws. The primary objective of membership is therefore to mobilize savings and afford members access to credit as a way of enhancing their socio-economic well-being.

  1. Individual membership/personal.
  1. Corporate membership

This targets groups and organizations which must be legally registered with the government.

A member of the Society can only operate an account under:

Back Office Accounts (BOSA): Accounts under this category are non-withdraw-able and are operated for purposes of regular savings against which individual and corporate members can apply for loans.

 How to join

Individual membership

  1.   DOCUMENTS REQUIRED
     Photocopy of your ID
     Photocopy of KRA pin certificate
     1 Passport Photo
  2. PAYMENTS TO BE MADE
     Registration Fee Ksh 500.00
  3. OPERATIONAL REQUIREMENTS
     Monthly Contribution ( Minimum Per month ) Ksh.1000.00
     Member Deposit - Monthly
     Share Capital - Ksh. 4,000 (Non-Refundable). One can pay once during
    registration or within 6 months.
     Qualification for Loan Is After Six Months of consistent saving.

 

Download the Individual Membership Registration form Here

Download the Individual Membership Requirements Form Here

 

Corporate Membership

  • Duly signed letter from the group.
  • Minutes passed by the Board to join the society.
  • Registration certificate copy.
  • The group by-laws.
  • ID copies for the signatories.
  • KRA PIN copies for the signatories
  • Passport size photo for the signatories.
  • Ksh.1000 for registration
  • Monthly contribution ksh.1,500
  • Share capital of ksh.4,000
  • Duly signed form from the society (see the copy below)

 

Download the Group Requirements Form Here

Download the Group Registration Form Here

 

Register Now

Online Membership Application

Prospective members can now register online for membership through our fully automated, convenient, secure and transactional Online Membership Application Web Portal.