24/02/2021
Koulehae SACCO is finally here.
Savings and Credit is a well know collective scheme. This is governed by the Cooperative Act, 2005.
As a start up cooperative and application as Cooperative Bank Koulehae SACCO is established as a non profit company (NPC) as per the Companies Act in order to meet the minimum requirements for the application of becoming a Cooperative bank as per the Co-operative Bank Act.
Our objective is to establish the membership so that we can meet the requirements of being a Co-operative Bank. Our membership is open to the members of the public that want to bank with the community bank that they own as well.
Our organization have established membership committee, audit committee and investment committee in order to ensure proper corporate governance on the organization.
We have partnered with the Fintech company in order to enable our members to use the best mobile banking APP so that the members may manage their accounts, portfolio on their mobile phone. We are in process to partner with a retail bank in order to be able to issue bank debit card which will also our members to transact.
