If you’re looking to invest in land or build your dream home, Sheria Housing Co-operative Society Limited (SHC) offers a secure and advantageous path. Becoming a member of SHC is a straightforward process that opens the doors to a world of opportunities and financial security. Here’s how you can join and why it’s a smart choice
Membership Eligibility:
- Field of Membership: Ensure you fit within the membership categories outlined in our by-laws.
- Age Requirement: You must be at least eighteen years old to apply.
- No Land Speculation: Applicants should not be directly involved in land buying/selling activities that conflict with the society’s objectives.
- Good Character: Demonstrating good character is essential for membership.
- Stable Income: You should have a regular source of income from employment, business, or trade.
- Financial Commitment: Prepare to pay the Kshs. 5,000 entrance fee and invest a minimum of Kshs. 20,000 in shares, as specified in the by-laws.
- Nominee Card: Complete a member’s nominee card, appointing a nominee(s).\
- Understanding of By-laws: Familiarize yourself with the society’s objectives, your obligations as a member, and other membership requirements outlined in the by-laws.
Membership Application:
- Fill Out the Membership Form: Start by completing a membership application form.
- Complete a Nominee Card: Ensure you provide nominee details as required.
- Provide Identification: Attach a copy of your identification document (ID).
- Passport Photos: Include two passport-sized photos.
- Financial Commitment: Pay a registration fee of Kshs. 5,000 and purchase a minimum of one share worth Kshs. 1,000 (with a minimum shareholding requirement of Kshs. 20,000).
- Monthly Contribution: Commit to making a minimum monthly contribution of Kshs. 1,000.
Why Choose SHC:
- Hands-Off Investment: Land bought through SHC is a secure and hands-off investment.
- Homeownership, No Rent: Become a homeowner and eliminate monthly rent expenses.
- Cost-Effective Long-Term Investment: Land offers a cost-effective and stable long-term investment.
- Scarcity of Land: Land is a finite resource, and its value continues to rise with a growing population.
- Joy of Ownership: Experience the pride and happiness of land ownership.
- Guaranteed Growth: SHC conducts extensive research to ensure prospects of growth within project areas, providing you with maximum value for your investment.
- Title Deed Processing: We cover the title deed processing costs, and our Jipange Plan offers an affordable repayment plan spanning up to 48 months.
Join Sheria Housing Co-operative Society today and embark on a journey towards financial security, homeownership and a brighter future. Your dreams are our priority!
