Chamaa Savings Account

Requirements

• Copy of national IDs/ passports, signatures of members
• passport size-coloured photographs
• Registration certificate and constitution
• Minutes of the meeting approving opening of the account and signing mandate.
• Meet minimum share capital

Features

• Group members must be members of the Sacco
• Group with Membership of 5-20
• Earns Interest
• Minimum monthly contribution of Kshs.5,000
• Minimum interest earning amount of Kshs. 50,000
• A relationship Officer allocated to the group