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Shares / Equity Capital

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Features

  • Each membership category purchases the minimum number of non-withdrawal / non-refundable shares at Ksh. 200 each.
  • Shares shall not act as collateral for a loan.
  • Members will only be able to transfer their shares to other existing members when withdrawing their membership from the society.

Requirements

  • ID card/passport
  • 1 passport photo
  • 1,000/= for membership

Benefits

  • Shares earn dividends at the end of every financial year at a rate that shall be pre-determined by the board.
  • One voting right per share during AGMs