Deposits earn interest depending on the surplus reported within the year. Loan granting is based on a member's deposits among other requirements like eligibility to pay. Deposits withdrawal is only allowed when a member is withdrawing membership. The minimum mandatory deposit contribution is based on the aggregate sum of all loan balances.
|
Minimum Loan Limit (Ksh) |
Maximum Loan Limit (Ksh) |
Minimum Contribution per pay period (Ksh) |
Minimum Contribution per month (Ksh) |
| 0 | 2,000,000.00 | 2,000 | 4,000 |
| 2,000,001.00 | 3,000,000.00 | 3,500 | 7,000 |
| 3,000,001.00 | 4,000,000.00 | 5,000 | 10,000 |
| 4,000,001.00 | 5,000,000.00 | 6,500 | 13,000 |
| 5,000,001.00 | 6,000,000.00 | 8,000 | 16,000 |
| 6,000,001.00 | 7,000,000.00 | 9,500 | 19,000 |
| 7,000,001.00 | 8,000,000.00 | 11,000 | 22,000 |
| 8,000,001.00 | 10,000,000.00 | 12,500 | 25,000 |
| Above 10,000,001.00 | 14,000 | 28,000 | |
