Shareholding

Shares

Invest in Mwamba Imara Sacco with our affordable share capital. Earn annual dividends and strengthen your financial future through collective member growth and benefits.

Shareholding Details

Secure your financial success and watch your investment grow with high annual dividends and equal participation in the Sacco’s growth.
Who Can Join Mwamba Imara Sacco?

  • Kenyan Citizens. Must be above 18 years of age
  • Business Owners Both men and women running small or large businesses
  • Self-help Groups Community-based organizations looking to pool resources
  • Kenyans abroad can participate and invest back home Connect your existing bank account(s) to your online banking profile
  • Faith-Based Organizations Churches and religious groups are welcome
  • Non-Governmental Organizations (NGOs) NGOs looking to save or invest
  • Women Groups and Youth Groups Empowering groups with investment opportunities
  • Limited Companies Corporate entities seeking financial growth
  • Religious Organizations Churches and religious bodies can benefit from our services
  • Schools and Educational Institutions For institutions managing funds for future projects
  • Registered Businesses Any registered business entity can join

Key Features

Invest in your future with Mwamba Imara Sacco by becoming a shareholder today.

Equal Opportunity

Every member, regardless of background or organization type, can acquire shares and participate equally in the growth of the Sacco.

High Dividends

Members can earn up to 30% annual dividends, providing an excellent return on investment.

Investment in Your Future

By becoming a shareholder, you are securing a financial future with regular returns and long-term benefits

Minimum Share Value

Members are encouraged to gradually acquire shares, starting at Ksh. 1,000.

Annual Dividends

Shareholders are entitled to receive dividends, typically up to 30% per annum, based on Sacco performance.

How to Become a Shareholder

Becoming a shareholder with Mwamba Imara Sacco is a simple and rewarding process:

Step 1: Become a member of Mwamba Imara Sacco by meeting the eligibility criteria.
Step 2: Gradually acquire shares starting at Ksh. 1,000 to become an official shareholder.
Step 3: Enjoy the benefits of annual dividends and have a say in the future of the Sacco.

INDIVIDUAL
Corporate

Frequently Asked Questions

Got a question about how we’re organised, applying to work for us, or looking for financial or shareholder information?

To become a member, complete and sign the membership form. Attach the following documents:

  • Copy of ID or Passport
  • Two passport-size photos
  • KRA PIN copy
  • Make the initial payment

The initial payment is Ksh 3,000, broken down as follows:

  • Ksh 1,000 – Registration fee
  • Ksh 1,000 – Share capital
  • Ksh 1,000 – Savings account

The minimum monthly savings is Ksh 1,000.

Use Paybill number 198683, and the account number is your membership number.

No, there is no penalty.

Your savings are 100% safe and confidential.

You need to save for 6 consecutive months to qualify.

Yes.

  • Non-withdrawable savings earn 8% p.a (2022) and 5.14% p.a (2023).
  • Withdrawable savings earn 4% p.a, calculated monthly.

Submit an official withdrawal letter to the management. This can be handwritten or sent via email.

You need:

  • Fully filled and signed loan form
  • Copy of your ID
  • Loan application fee
  • Signed by guarantors or self-guaranteed

After a one-month grace period, repayment can be made over 1 to 48 months.

Use Paybill number 198683, and the account number is your membership number.

The interest rate is 12% p.a on a reducing balance.

BBF is a fund that provides financial assistance for the burial of a member’s nuclear or biological family.

  • You must be an active member of Mwamba Imara Sacco.
  • Contribute the annual BBF amount.
  • Nuclear Family: Ksh 2,400 per year
  • Nuclear Family + Biological Parents: Ksh 3,600 per year
  • For a member whose spouse is also a member, an additional Ksh 1,200 per year covers in-laws.

Sacco Houses are groups formed within the Sacco by members with a common agenda, such as bonding or guarantorship.

First, become an active Sacco member, then join a House through a recommendation from other members.

  • You get to know other Sacco members better.
  • Participate in activities that generate income within the House.
  • Receive education from the Sacco marketing officer.

We are located in Makupa, along Kenyatta Avenue, off Mtwafi Road, opposite Co-operative Bank Makupa Branch, near Makupa Police Station.

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