Non-Redeemable Shares
- These are permanent and non-refundable shares that form capital of MSACCO.
- Member is required to contribute K30,000 once off.
- Shares can be revised upwards with an Annual General Meeting resolution.
Redeemable Shares
- Member contributes a minimum of K5,000 a month which forms part of the shares.
- The shares are only withdrawable on cessation of membership.
- These shares determine one’s capacity to borrow.
- Earns a return in form of dividends.