Frequently Asked Questions

  1. The Sacco draws its membership from employees of The Church of Jesus Christ of Latter-day Saints, members' spouses, and children above 18 years of existing members.
  2. Willing persons working in the Church Institution are only required to have an introductory letter from their employer stating willingness of the employer to offer check-off facility to the employee.
  3. The entrance form will need to be completed and signed by the applicant before submitting it to the Sacco.

Yes, a one-time registration fee is required when joining the Sacco. Please check with the office for the current rate.

Yes, members earn dividends and interest rebates on their savings and deposits, distributed annually depending on the Sacco’s performance.

Members become eligible for loans after consistently saving and meeting the minimum requirements set out in the Sacco by-laws.

You will need a completed loan application form, proof of deposits, guarantors (if required), and any other documents requested by the Sacco.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.

Answer coming from Sacco by-laws / management guidelines.