Employees of international organization, non governmental organization, foreign missions and embassies are eligible to join Kimisitu Sacco, become members and enjoy a wide variety of affordable products.-
PROCEDURE FOR JOINING KIMISITU
Kimisitu membership is open to the following organizations:-
1. Non Governmental Organizations
2. International Organizations
3. Embassies and Missions
4. Other reputable organizations
An organization interested in joining Kimisitu has to fill a pre-membership form and attach their prospectus. The management committee meets every month to review and approve the applications.
Members fill membership form whose entrance fee is Kshs 1000/- and qualify for a loan after contributing for six months. The minimum share contribution is Kshs. 3,000 per month.
Open Membership Recruitment Within the Common Bond
Individuals who are not from a member organization/ on a check off system can now join Kimisitu.
Requirements for open membership
- Dully filled membership form
- Attach ID/Passport
- Attach Copy of KRA Pin Certificate
- Copy of employment contract or letter from Human Resource
- 2 Certified copies of latest payslip
- Joining fee of Ksh 1,000 and Share capital of Ksh. 30,000 by year 2020
- Minimum monthly contribution of Ksh.3,000
Diaspora Membership
The diaspora recruitment is now open to all members who have a proof of being in the diaspora and are able to make regular contribution.
Requirements for Diaspora membership
- Dully filled membership form
- Attach ID/Passport
- Attach Copy of KRA Pin Certificate
- Passport size photograph
- Know your Customer(KYC)-To be introduced by an existing member
- Joining fee of Ksh 1,000 and Share capital of Ksh. 30,000 by year 2020
- Minimum monthly contribution of Ksh.3,000