Membership

Become an owner of your cooperative

Membership is open to TANAPA employees and HIFADHI staff who meet the requirements. As a member you're not a customer, you're an owner who shares in the cooperative's success.

Who can join

Open to TANAPA & HIFADHI staff

Membership is open to individuals who meet our common bond, primarily employees of TANAPA and the staff of HIFADHI SACCOS LTD, who are ready to participate actively in the cooperative and contribute to our shared success.

  • At least 18 years old and of sound mind
  • A person of good character, trustworthy, and honest in all dealings
  • Willing to abide by the Society's Bylaws, Rules, and Objectives
  • Ready to pay the entrance fee, buy the required shares, and start saving

HIFADHI SACCOS

Member Ownership

Since 2000

Share capital

TZS 5,000,000

500 shares × TZS 10,000Entrance fee TZS 200,000
One-time entrance · TZS 200,000
Why join

Benefits of membership

Affordable Loans

Access credit at member-friendly rates far below commercial banks.

Financial Security

A safe, regulated place for your savings to grow steadily.

Business Support

Advisory and capital to help members start and grow enterprises.

Savings Growth

Consistent returns and annual dividends on your shares.

Investment Opportunities

Participate in collective investments with attractive returns.

Financial Literacy

Ongoing training to build confident money management skills.

Retirement Preparation

Build a dependable nest egg for life after service.

Emergency Support

Fast assistance when unexpected needs arise.

Interactive

See what membership makes possible

Loan Calculator

Estimate your indicative monthly repayment.

TZS 3,000,000
TZS 200,000TZS 30,000,000
24 months
12 mo48 mo

Indicative monthly repayment

TZS 155,000

Interest rate
12% p.a. (flat)
Total interest
TZS 720,000
Total repayable
TZS 3,720,000
Apply for this loan

Figures are indicative and for illustration only. Final terms are confirmed on application.

Getting started

How to join in six steps

A clear, transparent process: your application is reviewed by the Board of Directors and formally accepted by the General Meeting.

1

Obtain & fill the form

Get the official application form and pay the non-refundable application fee of TZS 200,000.

2

Board review

The Board of Directors assesses your application against the eligibility criteria.

3

General Meeting approval

Approved applications are recommended to the General Meeting for formal acceptance.

4

Pay entrance fee & shares

Once accepted, pay your entrance fee and share capital, then sign the members' register.

5

Receive your member ID

Collect your official membership ID card (TZS 15,000) and you're an owner.

6

Start saving & borrowing

Access savings, loans, and every member benefit from day one.

Application fee

TZS 200,000

Non-refundable (may be reviewed by the General Meeting)

Membership ID card

TZS 15,000

Issued once your membership is accepted

Being a member

Your rights & responsibilities

Membership is a two-way commitment. As an owner you enjoy real rights, and you uphold the duties that keep the cooperative strong.

Your rights

  • Participate in all Society activities and attend every General Meeting
  • Vote at General Meetings, one member, one vote, regardless of shares held
  • Stand for election to leadership positions and help shape the Society
  • Access all financial products, including savings accounts and loans
  • Receive dividends and other benefits when declared by the General Meeting
  • Appoint a nominee to inherit your benefits, and review the Society's records

Your responsibilities

  • Fulfil your financial obligations, buying shares and saving regularly
  • Adhere to all Bylaws, decisions, and directives of the Society
  • Repay any loans or debts promptly and in full
  • Participate actively in the Society's development initiatives
  • Uphold honesty and integrity with the Society and fellow members

Ready to join HIFADHI SACCOS?

Take the first step toward savings, affordable credit, and true financial ownership.