Saving’s Mobilization
The primary focus of KADI COOPERATIVE is to provide members;
With an environment to build their capital base by mobilizing members shares/savings remittances. Pooling together resources to build a strong capital that will go a long way in informing the future investment plan in the cooperative. This shall also enable members to access products/services offered by the cooperative.
The ability for their savings to earn interest from the bank and other money market products which shall be distributed accordingly to benefits the members through a dividend scheme framework.
Members are required to buy shares of KSh20000 and be able to contribute a minimum of Kshs.5,000 per month. The savings shall be deposited in the cooperative account by the 5th day of the preceding month.
The member-savings account is a non-withdrawable account. Members can only have access to their savings if they decide to leave the cooperative. While the share capital is nonrefundable but it can be transferred to another cooperative member.