Frequently Asked Question

What is the difference between deposits and shares?
  • Deposits are withdraw-able members’ savings while shares or share capital is the permanent member contribution toward the Sacco capital and forms part of Sacco equity. Shares cannot be withdrawn even on exit from the Sacco but can be transferred to another willing member.
  • Each member must have a minimum of Ksh 25,000 in share capital unlike deposits which have no minimum amount.
  • Deposits earn Rebates while share or share capital earn dividends
  • Deposits can be used as loan security while share cannot be used loan security.