Chamaz Account

This account targets chamas and welfare groups

Requirements for joining :

• Certificate of registration
• Group Minutes and resolution to open account with Kenya Bankers Sacco
• Copy of the group/Chama internal rules and procedure (By — laws or ‘Chama constitution’)
• Copies of National Identity cards (ID’s) for the signatories
• Colored passport size photos for the signatories
• Copies of PIN certificates for the signatories:
• Membership registration fee of KES. 2,000
• Minimum monthly contribution — KES. 5,000