Become a Member of AWIB SACCOS LTD
Welcome to Arusha Women in Business (AWIB) SACCOS LTD, where women empower each other to achieve financial independence and business success. By becoming a member, you gain access to personalized financial services, low-interest loans, and a community of supportive women committed to growth and excellence.
Why Join AWIB SACCOS?
As a member of AWIB SACCOS, you’ll enjoy:
- Affordable Financial Solutions: Access loans at competitive interest rates to meet personal and business needs.
- Savings Opportunities: Build your financial security with tailored savings plans.
- Business Growth Support: Gain insights and training to grow your business.
- Networking: Connect with other women entrepreneurs for inspiration and collaboration.
- Convenient Digital Platforms: Manage your savings and loans with ease through our mobile and online services.
Who Can Join?
AWIB SACCOS is open to:
- Women aged 18 years and above.
- Entrepreneurs, professionals, and individuals committed to financial growth.
- Those who agree to abide by AWIB SACCOS’s bylaws and regulations.
Membership Requirements
To join AWIB SACCOS, you’ll need:
- A completed membership application form.
- A copy of a valid identification document (e.g., national ID, passport).
- A one-time membership registration fee.
- Initial savings contribution (amount to be provided during registration).
How to Join AWIB SACCOS
- Visit Our Office: Drop by our office in Arusha for assistance with registration.
- Download the Form: Complete the membership application form available on our website.
- Submit Your Documents: Provide the necessary documents in person or via email.
- Make Your Payment: Pay the registration fee and your first savings deposit.
- Confirmation: Receive your membership number and start enjoying the benefits of AWIB SACCOS.
Membership Benefits in Action
Meet Irene Manzi, the owner of Irene Bakery and Fast Food in Arusha. Through the financial support and low-interest loans provided by AWIB SACCOS, Irene transformed her business into a thriving enterprise. Her story is just one of many that highlight the power of membership with AWIB SACCOS.
01. How much is the membership registration fee?
The registration fee is a one-time payment, and the amount will be shared during your application process.
02. Can I apply for a loan immediately after joining?
Members are eligible for loans after fulfilling the savings requirements and maintaining active membership for a specified period.
03. Are there penalties for late loan repayment?
Yes, there are penalties for late repayments, as per the SACCOS's loan policy. However, we encourage members to communicate early if facing challenges.
04. Does AWIB SACCOS provide training for its members?
Yes, we offer financial literacy training, business management workshops, and seminars to help members grow their skills and knowledge.
05. Can men join AWIB SACCOS?
AWIB SACCOS primarily focuses on women empowerment. However, men supporting women-led businesses or initiatives may inquire about associate membership options.