Normal Deposits
It is mandatory for every member to make monthly contributions to the society. These deposits are the basis in which loan qualifications are established.
Characteristics of Normal Deposits
- Minimum contribution of Ksh 500
- Contribution frequency-Monthly
- Earns interest on deposits as approved during Annual General Meetings
- No maximum contribution limits
- Mandatory contribution by all members
- Non withdrawable unless on special instances such as exit from the society