ACK THIKA TALENTS SACCO

Want to Join the
ACK Thika Talents Sacco

How to Join Thika Talents Sacco

For individuals;
• Registration fee of Kshs 500
• Minimum monthly contribution of Kshs 500
• A copy of ID or birth certificate for juniours
• Passport Photo
• Copy of next of kins ID/ passport/ birth certificate
• Fill a membership registration form
For groups & corporate entities;
• Registration Certificate
• Registration fee of Kshs 500
• Minutes of the meeting that authorized the group to join the SACCO
• Group photo of the officials i.e. Chairman, secretary, and Treasurer.
• Fill out a group registration form

Requirements to Join

  1. Complete both membership application form.
  2. Attach a copy of National Identification card, personal identification number and a passport photo.
  3. Membership fees is Kshs.1,500.
  4. Buy a member passbook of Kshs. 250
  5. Minimum monthly deposit contribution is Kshs. 500.00
  6. Build up a Minimum Share Capital is 10,000 shares equity @ Kshs.100 each.
  7.  Qualification for a loan is after 6 Months of consistent saving

 

ACK Thika Talents Sacco in Numbers

+
customers
million+
Asset base
million+
Loans and advances
Million+
Deposits

FAQs- Frequently asked question

Is the Share Capital refunded upon exit?

NO. The shares can only be transferred to current members or sold to new members.

How much is the minimum share capital?

Ksh. 10,000 share capital.

Who can Join The SACCO?

  • Churches
  • Individuals
  • Groups
  • Institutions

How do I Join the Sacco?

For individuals;
• Registration fee of Kshs 1500
• Minimum monthly contribution of Kshs 500
• A copy of ID or birth certificate
• Passport Photo
• Copy of next of kins ID/ passport/ birth certificate
• Fill a membership registration form.
For groups & corporate entities;
• Registration Certificate
• Minutes of the meeting that authorized the group to join the sacco
• Group photo of the officials i.e. Chairman, secretary, and Treasurer.
• Fill a group registration form

Benefits of Joining the sacco?

• Make available finances by a way of loans at a better rate than the market rates
• Identify properties that are suitable to our members for purchase
• Look out for investment opportunities that spur growth in our membership.
• Give emphasis to financial education for the member to be a better investor.

Procedure of Sacco Exit?

Should a member wish to withdraw from the Sacco the exit procedure is as below:
1. Tender a 60 days’ notice and fill an exit form.
2. If you are a member withdrawing from the society and have guaranteed, the guarantor should find an alternative guarantor replacement or wait for member to clear the loan.
3. Transfer shares to an existing member.
4. Return Passbook.

Contact Us

If you have questions about ACK Thika Talents Sacco or how we can support your business, Send us an email or visit our office.

Telphone

+254 708 683 123

Email

info@ackttsacco.co.ke

Location

Kenyatta Highway, Munene, Next to ACK St. Andrew’s Cathedral- Thika

Office hours

Mon-Fri
8:00 Am - 5:00 Pm