HOW TO BECOME A MEMBER

A person shall be eligible for membership if he or she;

Is an adult person of integrity and good character, and is referred by an existing member

Is a child of a member.

Is an employee of the society or investments or business affiliated to the society.

Entry Requirements

One off payment of UGX 100,000/= as registration fees.

Annual welfare contribution of UGX 100,000/=.

Share Capital of UGX.1,500,000 for 100 Shares Minimum for adults. (Each share costs UGX.15,000)

Monthly deposit contribution of UGX 100,000

Parents intending to register their children into the SACCO should buy for them 50 shares minimum at UGX.750,000. (Each share costs UGX.15,000)


 NB: Default on saving for 3 months will cause closure of the member account and the member’s money shall be refunded at the end of the year,along with any dividends and interest.


Mobirise

KCW Cooperative Society