MEMBERSHIP QUERIES

  1. Who is legible to join the Sacco?
    • Members of ICPAK and their employees
    • Fully qualified accountants who are not members of ICPAK.
    • Accountancy training institutions and accountants in training.
    • Registered KASNEB students.
    • Spouses and Children to registered members
  2. How do I become a member?
    • You need to complete the membership application form available on our website: www.mhasibusacco.com. Pay a membership fee of KES.1, 000, and submit to Sacco office for registration.
    • You can also register online by logging into our website. click on access your account from the website. Then Click on become a member and follow procedure
  3. Who is a member?
    • One will enjoy the rights and privileges of membership, which includes loans and interest on deposit and right to participate in members activities Upon paying a registration, fee of KES 1000, minimum monthly contribution of KES 1,600 and the minimum share capital contribution of KES 10,000
  4. Can my spouse/children qualify to join the Sacco?
    • Yes, both spouse and children to already registered member are eligible to join the Sacco even if they are not accountants or do not meet other criteria of joining the Sacco.
  5. Do I need to pay registration fees to patronize other schemes say like the holiday and Mhasibu housing plots?
    • No, membership fee is paid only once at the initial stage of joining of joining membership. This will entitle a member to free patronage of any scheme from the Sacco or subsidiary without additional fee.
  6. Must I belong to a constituency?
    • Yes, every member is placed under a constituency upon registration of membership
  7. How does the Sacco determine to which constituency I belong to as a member?
    • The Sacco is dived to 4 and a member is placed under a constituency based on their employment details.

How can I know to what Constituency I belong to?

  1. Audit and Accounting Consultancy Firms Accounting professionals as follows
    • Advisory taxation, Accounting, auditing firms.
    • Employee of accounting regulatory bodies i.e. ICPAK,
  2.  Accounting in Training Colleges &KASNEB students
    • Employee of institutions accredited by KASNEB, and ACCA national Examination Council.
    • KASNEB and ACCA students
    • Graduates in bachelor’s degree in accounting and finance.
  3. Industry and Commerce, Company Secretaries
    • Accountants in private sector.
    • Registered members of ICPSK
    • Accountants in self employment

 

  1. Public Sector, NGOs, International Organizations, other consultants, Diaspora members, and other Regions
    • Accountants working with NGOS
    • Accountants in Diaspora
    • Accountants working in government institution.