ADJUSTMENT OF MONTHLY CONTRIBUTION RATE

This is to inform you that during the Last Annual General Meeting held on 27^th August, 2022, members resolved that the monthly contribution be adjusted from the current rate of Kshs.500.00 to Kshs.700.00 per month, with a view of raising the loan ceiling from Kshs.70,000.00 to Kshs.100,000.00.

In this regard the Management Committee is in the process of implementing the resolution by members on contribution adjustment to Kshs.700.00 with effect from 1^st September, 2022.

Please note that the new loan ceiling of Kshs.100,000.00 will take effect in December 2022 after successful roll out of the contribution adjustment to all our members.