RUIRU SELF HELP GROUP

Registration of Members

  1. Copy of National I/D or passport
  2. Copy KRA Pin Certificate.
  3. Registration certificates & Constitutions for Government
    registered groups
  4. Endorsement letters from the patron (Church Groups)
  5. Next of kin/beneficiaries’ details i.e. Marriage certificate, Affidavit,
    Birth Certificate for Minors & other proof of legal relationship.
RUIRU SELF HELP GROUP

Registration of Members

  1. Membership fee at Kshs 100
  2. Membership Card at Ksh 200/=
  3. Minimum savings contribution of Kshs 200/= per month.
  4. Annual benevolent fund 200/= (Corporates are exempted)

Responsibilities of members

  1. Saving regularly
  2. Loan repayment
  3. Attending & Participating in General Meetings
  4. Marketing the group

Benefits to a member

  1. Saving regularly with convenience and safety
  2. Access to affordable credit
  3. Entitled to distributable surplus
  4. Entitled to Benevolent fund
  5. Capacity building & Development
  6. No loss of privileges in case of change of residence
  7. Right to information & confidentiality

Loss of Benefits to a member

  1. Being declared dormant
  2. Being declared defaulter
  3. Withdrawal of savings
  4. Loan offset
  5. Expulsion from the group
  6. Loss of membership i.e., Insanity, permanent incapacitation, Death.

Withdrawal of Membership

  1. An individual member may at any time withdraw from the group by giving a written notice of not less than sixty (60) days within which their financial position in the group will be reviewed and their shares shall be refunded within seven (7) days after the expiry of the notice.
  2. Corporate groups can withdraw their membership after presenting minutes of a meeting that approved he withdrawal; as per their constitution