You avail us with 3 passport size photos Ten thousand shillings 10000/ for minimum share balance. 5000/ registration fee. 5000/ minimum balance on saving account. 5000/ for passbook fees.
Open an account Fill an application form 2 guarantors (they should be members) Collateral security.
Loan processing fees Loan insurance fees
A share is capital invested into the society to reward you with dividens at the end of every financial year and also earn you ownership and voting rights in the society.
Shares are another way of saving and investment as each year shares earn dividends and they can be sold to recover your money. Shares capitalize the society which in turn reduces the interest rate at which members borrow.
Meet the great people who work hard in LWEDE SACCO
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