FAQ

Who is eligible to be a member of the sacco?

You must be above 18 years of age and pay the membership fee of 1,000/=

 

How long has Solar Ray Energy Sacco been in existence?

Solar Ray Energy Sacco was established in March 2019 as D.Light Sacco.

Is Solar Ray Energy Sacco Registered with any regulatory body?

Solar Rays Energy Sacco is a medium-sized Savings and Credit Cooperative operating in Kenya Registered under the ministry of industry trade and Co-operatives.

How do I join the Sacco?

Download our membership application form and attach a copy of ID. You will also need to pay Ksh. 1,000/= for the registration form.

How do I pay for membership Solar Ray Energy Sacco for?

Go to M-PESA , then select LIPA na M-PESA

Select PAYBILL

Enter 287411 as the Business Number

For REGISTRATION payments, Enter your ID NO as your account number

Enter the amount you wish to deposit (Between Ksh 1,000/=)

Enter Your M-PESA PIN

Confirm Details are correct and press OK

How will I know my account is open?

You will receive an SMS notification with your membership number within 48 hours.

Can I pay for the membership fee in instalments?

Yes you can, the minimum amount is Ksh. 100/=. Once you have competed paying 1,000 you will earn a membership number via SMS notification.

Is there a minimum monthly contribution?

Yes, the minimum monthly contribution is Ksh. 1,500/=.

What is the share capital?

The share capital is institutional capital of the sacco. Every member is mandated to purchase minimum shareholding of 500 shares each share is Ksh.20/= equals to Ksh. 10,000/=.

What are the benefits of being a member of Solar Rays Energy Sacco?

Save as little as Ksh. 50/= daily and access affordable loans at only 1% p.m.

How do I check/keep track of my account?

We have a new mobile app: Solar Rays Energy Sacco. Download it from the Google play store- https://play.google.com/store/apps/details?id=ke.co.solarrays.loan 

Or use our USSD service *483*88#

How do I contact Solar Ray Energy Sacco?

Call us:  0208000922/0793 249 298

Whatsapp : 0793 249 257

Email : info@solarrays.co.ke

FACEBOOK LINK: https://www.facebook.com/SolarRaysOfficial/?ref=br_rs

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