BY LAWS

1. Share for every member is ksh. 10,000/= – paid at a weekly contribution

of ksh. 200/=
2. A member should not reveal the secret s of the group .
3. No member is allowed to speak or transact any business on behalf of the
group without authority of the executive committee.
4. Meetings should be held on every and account be read after three months.
5. The executive should hold meetings four (4) times per year and can meet
on emergency.
6. Elections should be done every after three (3) years.
7. No member is allowed to attend the meeting drunkard and also who sells
drugs.
8. A member who fails to attend the meeting will be fined ksh.50/= and if
he/she fails to pay his/her contribution same day will be fined ksh.50/=.
9. Any member who wishes to resign should give a notice of three (3) months
and his refunds of share capital will be deducted 10% of his/her total
share capital.
10.Money received by the group should be banked immediately and bank
payslip be filed.
11.For the meeting to start should have a quorum of half or more.
12.Any motion should be passed with a majority vote.
13.Any member who does not comply with others and in business will be
disqualified and excluded from the group.
14.A member on official duty will be provided with fare which will depend
with the distance and other expense incurred concerning the group.
15.Members decided that if any member is not able to pay loan he should be
reported to chief and then auctioned.