One becomes a member of Uchumi Sacco by registering with KSh. 2,000 which is non-refundable. Thereafter a contribution of a minimum of Kshs. 2,000 on a monthly basis which forms and additional KSh. 200 which goes toward the benevolent fund.
a)One copy of the applicant’s ID / Passport
b)One recent passport size photo of the applicant
c)One copy of the applicant’s KRA PIN
d)One copy of the next of kin’s
Each member shall purchase 1250 shares @ Ksh.20 each. The purchase may be done in
Shares may earn dividends paid from net surplus after required transfers to reserves at the end of a financial year in accordance with the dividend policy of the Society.
These deposits may be used as collateral against borrowings from the Society and shall only be refunded when a member withdraws from membership and provided the member has fully repaid all his debts and is free from
Interest on deposits shall be paid at a rate that shall be determined by the board at the end of the year after
Please fill this form to send your application to join Uchumi Sacco
Or download the membership form below and deliver it to our offices