Shares

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.
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