Member Deposits Account
This account represents savings accumulated by members which may be used as collateral against borrowings from the Society.
The account encourages members to build their long-term savings in the Sacco through continuous monthly savings.
The Member Deposits is not withdraw-able but can only be accessed upon membership withdrawal.
The minimum monthly deposit is Kes. 1,000, payable daily, weekly or monthly.
Features
- Earns Rebates (Interest on Deposits)
- Can be used as Security against loans
- A member can borrow as much as 2.5 times their savings
- Higher deposits give you a higher loan eligibility
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Contact Us
Our Address
House Of Transformation Church Grounds On Exit 7,
Garden Estate Road, Off Thika Rd, Nairobi
Email Us
info(at)shekinahsacco.com
shekinahsacco(at)gmail.com
Call Us
+254 0741 088 074
+254 0775 584 288
