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BECOME A MEMBER

membership

Who Can Join?

  • Employees of various organizations/corporate bodies;
  • Individual contributors; and
  • Kanisa SACCO Staff.

How to Apply

  • Donwload , fill and submit membership application and nominees forms along with a copy of ID, KRA pin certificate and 2 passport size photos
  • Pay a non-refundable admission fee of Two Thousand, five hundred Kenya Shillings (KES. 2500/-) only; and
  • Purchase at least one thousand (1,000) non-refundable but transferable shares at Twenty Kenya Shillings (KES. 20/-.) each

Frequently Asked Questions

Kanisa Regulated Non-Withdrawable Savings and Credit Cooperative Society Ltd. (“Kanisa Regulated N-WDT SACCO” or “Kanisa SACCO”) has opened up its common bond to allow membership from every economic sector in Kenya. By becoming one of us, you are joining a trusted financial institution with endless benefits

What are the Benefits of Joining KANISA SACCO?

  • Allows membership from every economic sector
  • We give loans up to a maximum of times four of a member’s deposits
  • Low Interest rates on loans.
  • Flexibility of loan repayment terms
  • High returns on savings
  • 100% asset financing
  • Access to discounted prices on products on sale through strategic partnerships the SACCO has created with various service providers
  • Excellent customer support from  our professional members of staff, backed by a hand-on management team

How to become a member at Kanisa SACCO

  • Every applicant must fill membership application form available on the website..
  • Pay the required admission fee
  • Purchase minimum shares of Kes. 20 of 1000 shares (Kes 20,000/-)
  • Submit two (2) passport size coloured photos, a copy of the
  • National Identity card
    (ID) and KRA pin certificate
  •  Nominate a next of kin

Rights and Responsibilities of a Member

A member of the SACCO Society shall have the right to –

 

a) Attend, participate and vote in decision making at all General Meetings of the
SACCO Society; can contest to any elective post in the SACCO Society
b) Has the right to access loans and loan related services as per the terms and
conditions outlined in the credit policy.
c) Has the right to information relating to the SACCO Society?
d) To enjoy interest on deposits and dividends based on the Society’s
performnace
e) Right to access your financial records including statement

OBLIGATIONS OF MEMBERS

A member of the SACCO Society shall have the obligation to –


a) Observe and comply with all the SACCO Society’s By-Laws
b) Elect nominated contestants in the Sacco’s general elections
c) Remain a member in good standing by meeting all your Sacco obligation

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