Bandari SACCO Shares

Refers to a member’s contribution to the SACCO capitalization subject to review by the Board of Directors.

image

Refers to a member’s contribution to the SACCO capitalization subject to review by the Board of Directors. The current value for a fully paid up member is Kes. 30,500. Members have the option to contribute periodically small amount towards the same or pay the entire amount at once.

Shares are the member stake at Bandari Sacco and as such are NOT withdrawable nor can they be used to guarantee member loans. They are however negotiable instruments that can be transferred or sold to other members, new or existing. They have very high returns in the form of dividends which is payable annually.