Dear KKCRA SACCO members and friends, good afternoon to you all. Kindly be reminded of our monthly Mass at Nakawa MTAC that will take place on this Sunday 15/09/2019 starting at 10:00am. KKR SACCO members will lead the Mass for the first time of its existence.
All members of the SACCO are invited to participate in liturgical activities like singing, taking readings, ushering, pre-preparation activities etc. All members are requested to come with offertory gifts and come with friends to praise the Lord.
The SACCO will have a Desk where members, potential members and friends can access all its services and everyone especially those who may wish to join the SACCO requested to utilize this opportunity to be served.
More so, the SACCO is going digital and, on this day, the SACCO will launch its Mobile banking service and details on how to use it will be provided in a flyer.
The services include the following
1. Registration of new members and the requirements include;
• 3 passport photos
• Membership fees of 20,000/=
• Buying 10 minimum share each at 10,000/= amounting to100, 000/=
• Minimum savings of 15,000/=
• A copy of national ID (Optional for those who may not have it at MTAC) can still forward it after.
2. Savings by the registered members of the SACCO.
We have varieties of saving products which include; -
• Ordinary savings,
• Special savings accounts,
• Group savings,
• Minor’s savings etc.
Parents are encouraged to use this EXCITING PRODUCT (Minor’s savings) to open accounts for children below 18 years as elaborated here below;
Minors’ savings.
This is for children from 1-17 years of age. This is to enable them learn how to save. Parents can use this account for future plans of their children for example school fees at any levels of education, startup capital, investments, future children feast and functions etc. It is also to encourage the children to save and prepare for future membership.
This account is managed by the parent or guardian until the child turns 18 years of age and parents or guardian shall come along with the child to involve the child in the operations of the account to develop his / her interest in savings and make them aware of their ownership of this account.
The child shall automatically take over the account after turning 18 years.
Requirements for opening.
-A parent/ guardian must be a member of the SACCO.
-Two passport photos of the child and a parent / guardian.
-A copy of a parent / guardian national ID.
-Opening fees of 20,000/=.
In addition to the advantages mentioned above the product attracts interest and the Minimum balance to earn interest is 200,000/= for at least 6 months during the year.
Note. This account doesn’t require a minor to purchase shares.
3. Loan repayments by members
4. Inquiries
Everyone is requested to come with a friend on this great day and participate to make the day colorful.
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