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Share Capital Savings
This represents a member’s portion of equity in the society.Each Member must own the minimum Share Capital of 15,000.Shares are not refundable or assignable as collateral for a loan but a member may transfer his her shares to other members.This is an excellent account for long term savings with attractive dividends.
Share Capital Benefits
There are a couple of benefits attached to kencream SACCO’s share capital as outlined below.
LONG TERM
This is an excellent account for long term savings with attractive dividends.
TRANSFARABLE
Members are allowed to transfer their shares to other members.
DIVIDEND
One is entitled to receive a dividend from Kencream SACCO as one of the main sources of your return on investment.