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.
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.