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MEMBERSHIP INFORMATION

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Who Joins a SACCO?

There are certain conditions in the Co-operative Societies Act, Rules and By-laws on who may join a Co-operative Society.
Those who are allowed to join a Co-operative Society as members are those who:

Have attained 18 years,
Have a common bond,
Are of good character,
Are of sound mind,
Are ready to accept the Co-operative Societies Act, Rules and By-laws of the Society.

How does one discontinue being a member?

A person may discontinue to be a member of a Co-operative Society if he or she:

Is expelled from the -operative according to the by- laws,
Dies,
Becomes of unsound mind,
Withdraws or resigns from a co-operative,
Or is a member of a co-operative society that is wound up.
Time / Date: