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Share Capital

SHARE CAPITAL

• This is a member’s contribution that earn dividend yearly.
• It forms part of society’s capital used for sacco infrastructure/business expansion.
• It is non-refundable but only transferable to other members upon termination of membership.
• Minimum share capital is Ksh. 30,000 deductible half-yearly at rate of Kshs.3,000.
• The higher your share capital the higher the dividends earned.