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MeatSoko SACCOMember-owned · fair finance

Share Capital · Hisa

Own a share of your SACCO

Share capital makes you an owner, not a customer. It gives you a vote, a voice in how the SACCO is run, and a share of any dividend members approve from real, audited results.

Hisa zinakufanya mmiliki wa SACCO. Una kura moja, na gawio hutoka tu kwenye ziada halisi iliyoidhinishwa.

What share capital is

Share capital is the money members put in to own the SACCO. It gives the SACCO a stable base to operate and finance member activity.

Every member must hold at least KES 10,000 in shares. Shares stay with the SACCO while you are a member — they are your stake in the cooperative.

Member ownership

  • Members own the SACCO — not MeatSoko Group and not any single investor.
  • Every member has one vote at the Annual General Meeting (AGM), whatever the size of their shareholding.
  • Members elect the Board and the Supervisory Committee.
  • Members receive the annual report and audited accounts.

Dividends

If the SACCO makes a surplus, the Board may propose a dividend. Members approve it at the AGM after the accounts are audited. The dividend is shared according to each member's shareholding, as the by-laws set out.

Dividends depend on actual performance. Some years there may be no dividend at all.

Minimum shares and instalments

  • Minimum share capital: KES 10,000.
  • You can pay in full when you join or in instalments over up to 12 months.
  • Use verified payment instructions provided by the SACCO and include your member number as the reference.
  • Each member has one vote, regardless of the value of their shareholding.

Transfer and exit

  1. Step 1: Find a buyer

    Shares can be transferred to another existing or incoming member.

  2. Step 2: Apply to transfer

    Both of you sign the share-transfer form. Proposed transfer fee: KES 200.

  3. Step 3: Board approval

    The Board approves transfers as set out in the by-laws.

  4. Step 4: Exit the SACCO

    When you leave, your savings are refunded after obligations are cleared. Your shares are transferred, not refunded in cash.

How shares relate to financing eligibility

To apply for asset purchase finance, equipment leasing, a livestock partnership or emergency support, your share capital must be fully paid or on track with your instalment plan. Your shares show your commitment to the cooperative and help protect all members.

Shares alone do not decide how much financing you can get. The SACCO also considers your savings record, ability to repay, guarantors and the asset being financed. Product limits are shown in each offer.

Risks and disclosures

Before you choose Share Capital

  • Dividends are not guaranteed and may be zero in some years.
  • If the SACCO makes losses, the value of members' shares can be reduced.
  • Shares cannot be withdrawn in cash; you can only transfer them to another member with Board approval.
  • Shares may be held as security if you have financing or have guaranteed another member.

In Kiswahili

Kwa Kiswahili

Hisa

Hisa ni umiliki wako katika SACCO. Kila mwanachama lazima awe na hisa za angalau KES 10,000, na unaweza kulipa kwa awamu.

Gawio linatoka tu kwenye ziada halisi iliyokaguliwa na kuidhinishwa na Mkutano Mkuu. Halijahakikishwa. Kila mwanachama ana kura moja.

Frequently asked questions

Become an owner, not just a customer

Join MeatSoko SACCO and start building your share capital — all at once or in instalments.
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