Fill in membership forms that can either be downloaded from our website, or can be obtained from our offices or from the delegates at every county.
Original and Copy of the National Identity Card
Copy of KRA PIN number
Entrance fee of Kes 1,000
Minimum Monthly Contributions of Kes 3,000 (Kes 150 being Jogoo Members Insurance JOMEIS Monthly Which is explained below)
Share Capital of Kes 7,500 deducted from the first deposits
Benefits for membership
Earn up to 12% dividends every year
Reliable financial provider (Savings and Credit)
Bereavement financial support
Participate in community and social responsibility
Pay interest on withdrawable Savings
Reward a Member recruiter with Kes 500 for recruiting new member
Recognition of highest saver, long serving member etc.
Jogoo Members Insurance (JOMEIS)
This is a self-insurance scheme that covers all loans in the SACCO .Every member must contribute a minimum of Kes 150.00 per month so as to be fully covered. The purpose of JOMEIS is:
To settle outstanding loans which are current in the event of a member’s death or Total Permanent Disability (TPD).
To pay final dues; double the deposits of the member to the named Next of Kin or Nominee.
To pay last burial expense of Kes 50,000.00 in respect of the contributor to the named Next of Kin.
To pay last burial expense of Kes 20,000.00 in respect of the contributor’s Spouse
To pay last burial expense of Kes 10,000.00 in respect of the contributor’s Child