Fariji Sacco Membership Eligibility & Requirements. Fariji Sacco, one of the largest deposit-taking Saccos in Kenya, boasts an asset base of Kshs 0.53 billion. Established and registered in 1989, it was initially known as Kagwe Catholic Church Development Fund- Kagwe Parish. Over the years, it evolved to accommodate a broader membership base, rebranding in 2010 to Fariji Sacco to reflect a national outlook. The Sacco focuses on mobilizing savings and offering loan/credit facilities to its members.
Membership Eligibility
Fariji Sacco’s membership is open to all individuals and entities. It primarily draws its membership from:
- Tea farmers
- Coffee farmers
- Horticultural farmers
- Dairy farmers
- Business community
- Investment groups
- Pensioners and salaried persons
Membership Requirements
Individual Membership
- Application Form: Complete a membership application form available on the Sacco’s website.
- Identification: Provide a copy of National ID or Passport.
- Photograph: Submit a passport-size photograph.
- Fees: Pay a registration fee of Kshs 500.
Group Membership
- Application Form: Complete a group membership application form available on the Sacco’s website.
- Identification: Provide copies of ID or Passport for authorized signatories.
- Photographs: Submit passport-size photographs of authorized signatories.
- Minutes: Provide group minutes resolving to open an account with Fariji Sacco.
- Registration Certificate: Submit the group’s registration certificate.
- Fees: Pay a registration fee of Kshs 500.
Joint Membership
- Application Form: Complete a membership application form available on the Sacco’s website.
- Identification: Provide copies of ID or Passport for both applicants.
- Photographs: Submit passport-size photographs for both applicants.
- Fees: Pay a registration fee of Kshs 500.
Corporate Membership
- Application Form: Complete a corporate membership application form.
- Photographs: Submit passport-size photographs for authorized signatories.
- Minutes: Provide board of directors’ minutes resolving to open an account with Fariji Sacco.
- Articles and Memorandum of Association: Submit a copy of the articles and memorandum of association.
- Registration Certificate: Provide the registration certificate.
- Fees: Pay a registration fee of Kshs 500.
Contact Information
For more details or to apply for membership, contact Fariji Sacco at:
- Head Office: Diplomat House, Githunguri.
- Phone: 0727 398 699
This information outlines the straightforward process and inclusive eligibility criteria for joining Fariji Sacco, making it accessible for a wide range of potential members.
