ELGEYO MARAKWET COUNTY YOUTH BUNGE SACCO
"Save more Invest Wisely"


Frequently Asked Questions

How can I withdraw my savings ?

Savings can only be withdrawn when a member exits the sacco. This requires a 60 day written notice to the sacco management.


Can I withdraw my share capital ?

No Share capital is onlt transferable. When a member exits the sacco He/she can transfer to an existing member of the sacco.


What Do I need to be a member?

You must be 18 years and above, and you must pay an entrance fee of Ksh 500


Do I need a guarantor to acquire a loan ?

YES, The guarantor must be a registered member.


How Long will it take to repay my loan ?

Loans are given 3 times member savings.The repayment period depends on the type of loan. Check out the loan page


what are the interests on loans?

All interest attracts an interest rate of 1% apart from emergency loan.


Where is the Location of the sacco?

Iten town, Prime time building, 1st floor room 2.


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