🟡 MEMBERSHIP
Become Part of Something Bigger 🌍
MEMBERSHIP REQUIREMENTS
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Requirements
To become a member of Golden Pillar Sacco, you must:
- Be at least 18 years of age
- Fill and submit a duly completed membership application form
- Pay a non-refundable registration fee of Ksh. 500
- Provide the following documents:
- Copy of National ID or Passport
- Two recent passport-size photographs
- Duly completed next of kin form
- Proof of income (payslip, business permit, etc.)
MEMBERSHIP CATEGORIES
- ORDINARY MEMBERSHIP
Open to individuals who meet the membership requirements and are in active employment or self-employment.
- JUNIOR MEMBERSHIP
For individuals below 18 years, operated by a parent or legal guardian.
- CORPORATE MEMBERSHIP
Available to registered organizations, companies, or groups.
RIGHTS OF MEMBERS
As a member, you have the right to:
- Attend and vote at Annual General Meetings
- Access all Sacco products and services
- Elect and be elected to the Board of Directors and Supervisory Committee
- Receive dividends on your shares
- Access your account information
- Lodge complaints and receive feedback
OBLIGATIONS OF MEMBERS
- Comply with the Sacco’s By-laws and regulations
- Pay shares and deposits as required
- Repay loans as per the agreed schedule
- Attend Annual General Meetings
- Maintain confidentiality of Sacco information
- Promote the interests of the Sacco
MEMBER RESPONSIBILITIES
- REGULAR SAVINGS
- Maintain active savings contributions
- Build your financial cushion
- Increase your borrowing capacity
- LOAN REPAYMENT
- Honor your loan obligations
- Pay on time to avoid penalties
- Protect your credit rating
- ANNUAL GENERAL MEETING
- Attend AGM and participate in decisions
- Exercise your voting rights
- Hold leaders accountable
- INFORMATION UPDATE
- Update your contact details promptly
- Notify changes in employment status
- Update next of kin information
- CONFIDENTIALITY
- Keep your account details secure
- Don’t share your PIN or passwords
- Report any suspicious activities
- PROMOTE THE SACCO
- Recruit new members
- Speak positively about the Sacco
- Support Sacco activities and events
Join today and start building wealth.
