Most members including Medium business should have share Capital of sh. 16,000 as from the year 2021. For those who were at sh. 10,000 a top up transfer of sh.2000 from deposits is to be done annually for 3 years.
The share capital for Small businesses and Micro Business is, sh.5,000 and sh.1,000 respectively. Members are encouraged to surpass the set minimum as it attracts good dividend at the end of the year.
This account is non-refundable and can be enjoyed until death and passed over to next of kin. It can also be transferred to an existing member.