Membership
Limlak Savings and Credit Co-operative society Limited is open for membership from all over Kenya. The current membership base is over 2500 active members.
WHY JOIN US?
- Obtain loan facilities with low interest rate.
- Benefit from members’ education seminars to empower your business.
- Enjoy discounted general insurance rates for your car, health and property.
- Enjoy fast and convenient loans.
- Earn high dividends and interest on deposits.
- Interact with other businessmen in a forum offered during the general meetings
- Invest in the high return investment projects
ELIGIBILITY
- Member must be over 18 years
- A person of good character, temperament and sound mind
- Be economically active, entrepreneurial and interactive
- Be ready to abide by the By-Laws, rules and regulations of the Sacco
REQUIREMENTS
- A valid Kenyan Identity Card/ Passport
- Passport Size Photo
- Duly filled registration form
- KRA pin certificate
PRELIMINARY MEMBERSHIP
After the registration process, members should save consistently for three (3) months after which they qualify a maximum loan of three times their accumulated savings. The member should also buy at least five (5) share capital unit of KES 5,000 before the end of the financial year. Share Capital will enable member earn dividends.