1. Membership Admission
Membership is subject to:
- KYC verification
- Payment of setup fees
- Acceptance of Sacco Constitution
2. Capital Ceiling
Members may not exceed defined capital ceilings unless approved by policy.
3. Contribution Discipline
Members must maintain regular contributions. Failure may affect:
- Loan eligibility
- Dividend qualification
- Internal credit scoring
4. Dividend Policy
Dividends are subject to:
- Annual performance
- Contribution discipline
- Outstanding loan balances
5. Exit & Withdrawal
Members wishing to exit must:
- Provide written notice
- Clear outstanding obligations
- Comply with Sacco bylaws