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Membership Information PDF Print E-mail

The establishment of a successful Savings and Credit Co-operative is determined by the nature of its membership. This translates to an alighted membership and regular source of income. Since 1984 the society has increased from handful of members to over a thousand.

The membership has been dependent on the society member's common bond and through promotion of sound education programs. The common bond between the members is mutual concern, loyalty and trust.

Our quest is to enable all our members to contribute positively toward their own individual development through the Co-operative. The desire of the society is that all societies current and potential members are accorded the same status with discrimination against any person, on account of religion, race, or political believe. The members have evolved a culture of prudent financial foresight for individual future planning in savings and investment.

To become a member one has to meet the following requirements:-

  • He/she should be within the field of membership, whereby kentours sacco currently prefers the Hospitality Industry
  • He/she should not be less than 18 years of age;
  • He/she should be of good character and sound mind
  • He/she is a resident within the society's area of operation
  • He/she is an employee of the SACCO or related investment of the Sacco
  • He/she is not a member of any other SACCO having similar objects
  • He/she is a legally registered spouse of the primary member

Kentours SACCO has minimum requirements tailored to suit all employees in an organization at any level.

  • Non-Refundable Kshs. 1000.00 being Entrance fee.
  • An annual Insurance Premium which is normally determined at the beginning of every year.
  • Kshs 5,000/- being minimum share capital contribution payable on a Twenty Five monthly installment of Kshs 200/-The maximum a member can hold is 2500 shares equivalent to kshs. 50,000/-
  • Non-Refundable Kshs. 200/- for Kentours Sacco By-law Booklet
  • Kshs 1,000/- the minimum amount a member can contribute towards his/her monthly savings (share deposits).