DEPOSIT QUERIES

  • 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
  • The minimum contribution is Ksh 1,600 per month.
  • Withdrawable upon a notice period of 60 days.
  • Considered as a loan multiplier(5Times)
  • Member can access a self guaranteed loanq of upto 95% of the total Deposits
  • Interest is earned on Deposits