To be the best savings and credit co-operative in Africa with
a financially secured and independent membership
The members who join the Co-op are all allowed through a Core Bond (open to teachers only).
The main purpose of joining the SACCO is to promote a culture of saving and self development.
To join a member has to first join SNAT Union and be a fully subscribing member.
A Joining form and a stop-order form is then filled by the joining member
When the stop order has started to run in the pay-slip the member visits the office to have a pass-book made for him/her.
The stop order has to run for 6 months, until then the member will be eligible to get a loan product which he/she qualifies for.
Members are regarded as full members if they have fully paid shares which currently stand at E3000.00 and subject to change depending on net worth status of the SACCO.
There are two savings; non withdraw-able savings which require a compulsory minimum savings of E100.00 for every month and withdraw-able savings (school fees savings) in which a member saves only to withdraw once in every three months.
If a member wants to increase savings to the excess of E15 000.00 in one month apart from what comes from the stop order he/she will wait for three (3) months before he/she can borrow against his/her savings.