Membership

MEMBERSHIP

At KAG SACCO, we believe in the strength of community, the power of collaboration, and the potential for financial empowerment. As a member-owned cooperative rooted in the values of the Kenya Assemblies of God Church, we are dedicated to providing our members with access to financial services and opportunities that uplift and transform lives.

Who Can Join: Membership with KAG SACCO is open to all individuals who are members or have affiliations with the Kenya Assemblies of God Church, including its members, related institutions, and organizations. The decision to extend membership beyond the church community is determined by resolutions passed during our Annual Delegate Meeting (ADM), ensuring inclusivity and accessibility to all who seek our services.

Membership Requirements:

Individual Membership Registration:

  • Duly filled registration form.
  • Copy of ID.
  • Copy of KRA Pin.
  • One passport-size photo.
  • Registration fee of Kes 500.
  • Minimum monthly contribution of Kes 1,000.

Group/Church Registration:

  • Duly filled group/church registration form.
  • Group Registration certificate.
  • Officials’ ID & 1 passport-sized photo each.
  • Group KRA pin.
  • Registration fee of Kes 1,000.
  • Minimum monthly contribution of Kes 1,000.
  • Share capital of Kes 5,000.
  • Group minutes.

Share Capital:

  • Minimum shareholding of Kes 5,000.
  • Maximum shareholding of Kes 100,000.

Note: A member is required to save for at least six (6) months to qualify for a first Loan two times his/her savings.

Benefits of Membership: By becoming a member of KAG SACCO, individuals and groups gain access to a wide range of financial products and services tailored to meet their unique needs and goals. From savings and investment opportunities to affordable loans and insurance options, our cooperative empowers members to build a secure financial future for themselves and their families.

Financial Empowerment Through Collaboration: At KAG SACCO, we believe that together, we can achieve more. Through collaboration, education, and a commitment to shared prosperity, we strive to empower individuals and communities to achieve their financial goals and aspirations. As a member-owned cooperative, our success is driven by the success of our members, and we are dedicated to providing the tools, resources, and support they need to thrive. Join KAG SACCO today and be part of a community that is dedicated to kuimarisha na kuboresha maisha – strengthening and improving lives, one member at a time. Together, we can build a brighter, more prosperous future for all.