Membership | Women of Valour SACCO

Why Join Women of Valour SACCO?

💰

Access to Affordable Loans

Seven loan products with competitive rates and flexible terms

📚

Financial Education

Free training on money management, business skills, and financial literacy

🤝

Community Support

Join a network of like-minded individuals committed to mutual growth

💵

Savings Growth

Earn dividends on your shares and interest on Savings.

🎯

Member Ownership

You're not just a customer—you're an owner with voting rights

🌱

Business Development

Access to markets, networks, and business mentorship opportunities

Membership Categories

Women of Valour SACCO offers two membership levels to suit different needs and capacities.

Class A Membership (Promoters)

Individual membership with enhanced benefits

Registration Fee: KShs 5,000 (one-time)
Minimum Initial Deposit: KShs 100,000
Monthly Minimum Savings: KShs 2,000
Loan Limit: Up to 1.5 times your total savings
Structure: Individual membership (no group requirement)

Ideal for: Established entrepreneurs, professionals, and individuals seeking higher loan limits and direct membership.

Class B Membership

Group-based membership for community support

Registration Fee: KShs 500 (one-time)
SACCO Account Opening Fee: KShs 500
Monthly Minimum Savings: KShs 500
Loan Limit: Up to 3 times your savings (max KShs 300,000)
Structure: Individual membership within a CIG
Group Size: Minimum 5, maximum 25 members
Guarantee: Must be guaranteed by group members

Ideal for: New savers, small business owners, and those who value peer support and group accountability.

General Membership Requirements

Eligibility Criteria

✓ Must be 18 years and above.
✓ Kenyan citizen.
✓ Willing to subscribe to SACCO Bylaws
✓ Commit to regular savings contributions

Required Documents

✓ Valid National ID or Passport
✓ Two recent passport-size photos
✓ Completed membership application form
✓ Payment receipts for applicable fees

Member Benefits

All members enjoy exclusive privileges

✓ Professional financial literacy training through our Education Committee
✓ Full participation and voting rights in Annual General Meetings
✓ Share in profits through dividends and interests.
✓ Access to all SACCO services and loan products

✓ Transparent information about SACCO operations
✓ Opportunity to stand for election to leadership positions
✓ Networking and business development opportunities

How to Join: Step-by-Step Process

Step 1: Choose Your Membership Level

Decide whether Class A (Promoters) or Class B (Group) membership best suits your needs and financial capacity.

Step 2: Attend Orientation

Visit our office or contact us to schedule a membership orientation session. Learn about our services, bylaws, and member responsibilities.

Step 3: Join or Form a Group (Class B Only)

Join an existing Common Interest Group in your area or form a new one with 5-25 members. Groups provide mutual support and guarantee.

Step 4: Complete Application

Fill out the membership application form and provide all required documents. Our staff will guide you through the process.

Step 5: Pay Registration Fees

Pay your registration fee and make your initial deposit according to your chosen membership class.

Step 6: Attend Training

Participate in mandatory financial literacy training. This equips you with essential money management skills.

Step 7: Receive Membership Identification Number

Once approved by the Board, you'll receive your unique member identification number. Welcome to the family!

Common Interest Groups (CIGs)

For Class B Members

What is a CIG?

A Common Interest Group is a self-selected group of 5-25 members who share common goals, live in the same area, or work in similar fields. CIGs are the foundation of our Class B membership structure.

Benefits of CIGs

✓ Mutual support and accountability
✓ Group guarantee for loans (no collateral needed)
✓ Shared learning and skill development
✓ Collective bargaining power
✓ Social connections and networking

Current CIG Statistics

64

Active CIGs

29

Agri-Groups

800+

Total Members

Member Rights & Responsibilities

Your Rights as a Member

✓ Access to all SACCO services and products
✓ Vote in Annual General Meetings
✓ Stand for election to leadership positions
✓ Receive dividends on shares and participate in profit-sharing
✓ Access financial education and training
✓ Transparent information about SACCO operations

Your Responsibilities

• Adhere to SACCO Bylaws and regulations
• Make regular savings contributions according to your membership class
• Repay loans on time
• Participate in group meetings (Class B members)
• Attend mandatory training sessions
• Support fellow members in your group (Class B members)

Frequently Asked Questions

Which membership class should I choose?

Choose Class A if you have higher capital and want individual membership with enhanced loan limits. Choose Class B if you prefer group support, lower entry costs, and higher loan multiples.

Can I join if I don't have a group (for Class B)?

Yes! you can you can form a new group with friends, neighbors, family or colleagues.

How long does the membership process take?

From application to approval typically takes 2-4 weeks, depending on group formation (for Class B) and training schedules.

When can I apply for a loan?

You can apply for a loan after 6 months of active membership and consistent savings contributions.

Can men join Women of Valour SACCO?

Yes! While our focus is on empowering women, we welcome all members who share our values and commitment to community development.

What happens if I can't make my monthly savings?

We understand life's challenges. Contact us immediately to discuss flexible arrangements. Communication is key!

Can I upgrade from Class B to Class A membership?

Yes! Please contact our office to discuss membership transition options and requirements.

Become a Member