What is minimum contribution?The minimum contribution is Ksh 1,600 per month. What is the difference between deposits and shares? Share Capital  Minimum is KES 10,000 per member Earns Dividends Paid once per member Not withdrawable but transferrable to another member Considered as a loan multi-plier but not security Deposit Contribution [...]

Who is legible to join the Sacco? All professionals Members of ICPAK and employees of practicing accountants A registered ICPAK member with non-practicing certificate Fully qualified accountants who are not members of ICPAK Employees of institutions that offer accountancy training Members of ICSK and their employees Spouses and children of[.....]

Am I entitled to dividends? Yes, the Sacco pays dividends and interests  (Interest on deposit and dividends on share capital) every year to all the members who had balances in deposits and share capital for the financial year ended. What do I need to do to get dividends Advance? Members[…..]

How can I make my payments to the Sacco? The Sacco offers the following modes of payments; Mpesa - Click to See procedure. Standing orders – please indicate your membership number on instruction form Deposit slips- make payments to our bank accounts then present the banking slips Cheque payment done at[.....]

Do I need a guarantor if my loan application is equivalent to my deposits? No, you do not need a guarantor, If the loan applied does not exceed your deposits or If your deposits are not attached to any loan.You can acess a loan of upto 95% of your deposits[.....]

When do I qualify to take a loan? You qualify to take a loan after six months of consistent contribution of the monthly minimum requirement of KES 1,600 per month What is the maximum loan limit I am entitled to? You are entitled to a maximum loan equivalent to 4X[.....]