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Share Capital

SHARE CAPITAL PURCHASE

It represents member’s ownership of the SACCO, It is non withdrawable, but transferrable to another member of the Sacco.

The minimum share capital per member is Ksh.20, 000. (1000 shares of ksh.20 each). This means the first Kshs.20, 000 contributed by the member is transferred automatically to the shares.

The returns are lucrative 2018 and 2019 rate was at 20%.