Anybody of either sex and of majority age provided:
WHO CAN JOIN?
o Is within the common bond i.e. employee of MTRH and any other affiliate facilities.
o Is a spouse of a member of the SACCO.
o Is not a member of any other SACCO
o Pays entrance fee of Kshs 1,000/=
HOW TO JOIN
One can join by visiting our offices for guidance or filling out the registration form downloadable via the website.
RIGHTS OF MEMBERS
o Access to his/her statement of account information.
o Attend and participate at General meetings.
o Elect office bearers for a particular period.
DUTIES OF MEMBERS
o Attend all meetings and take part in decision making
o Inform non-members and encourage them to join
o Attend organized education to members meetings.
o Comply with policies, By-laws, the Act, Rules and resolutions of AGM
Access to information, products and services is free. Do not compromise or accept to be compromised by staff or any committee member.
WITHDRAWAL AND RE-ADMISSION
o Withdrawal notice of 2 months.
o A member is not allowed to withdraw part of shares except on cessation of membership.
o A member is not allowed to offset loan against shares except on cessation of membership.
o In the case of outstanding loan guarantees, the same has to be replaced before being refunded shares.
o Courtesy is encouraged at all times, use of abusive language towards officials, employees or fellow members is discouraged
o As a guarantor, a member is required to repay any defaulted loan he/she guaranteed.
o Members transactions to be handled with strict confidentiality
o Members discouraged to transact when intoxicated
o Rumours and unfounded speculations are dangerous and detrimental to the operation of the SACCO as a going concern and hence highly discouraged.