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Membership

WHY BECOME A MEMBER?

BECOME A MEMBER OF MAITLAMO AND SECURE YOUR FUTURE AS AT NOW:

  • Save money and accumulate your savings for your future needs.
  • Get loans at a reasonable interest rate that beat the market for you.
  • Earn profitable returns on your savings every year.

THE BENEFITS OF BECOMING A MEMBER OF MAITLAMO SACCOS:

  • Save money and accumulate savings for your future needs – Maitlamo Saccos gives you an opportunity to save regularly by instilling a saving culture in you, which eventually builds a long-term wealth thereby securing your future.
  • Cheap borrowing/ loans from the SACCO, with interest that beat the market- Members enjoy the benefit of acquiring cheap loans when compared to commercial banks.
  • Earn profitable returns on your savings - keep/ save your money with Maitlamo and earn profitable returns paid every year. The Saccos offers you guaranteed interest on your deposit.
  • Maitlamo Saccos gives you a peace of mind as your money is safe - in that the Sacco being an entity that is registered and regulated by the department of Cooperatives in accordance with the Cooperative Act 2013 that guides and limits the operations, investments options and governance structures.
  • Join the company of like-minded Batswana who want to grow and build wealth together - when you join Maitlamo, pay the registration fee, purchase shares and make a contribution to your account, you become an owner and bona-fide member. You join like-minded Batswana who want to grow and build wealth together by actively participating in Saccos activities including its management. As an owner, your vote and voice matters.

ELIGIBILITY AND REQUIREMENTS:

To become a member of Maitlamo Saccos, you should meet the following requirements.

  • Be a over 18 years old, working for Botswana Power Corporation.
  • Have a valid National ID (Omang)
  • Provide information for a designated next of Kin (nominee)
  • Purchase a minimum of 200 shares within three months after joining the Sacco. Owning shares makes you a bona-fide member of the Maitlamo Saccos.
  • Contribute a minimum of P100 Main Savings Account monthly.