Mwalimu Sacco Burial Benevolent Fund-BBF
Burial Benevolent Fund-BBF
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- Used to accord members and their immediate families a decent burial
- Monthly contribution is 150
PERSON | ENTITLEMENT IN KSH. |
Self | 60,000 |
Spouse | 55,000 |
Own children | 35,000. (up to a max of 6 children) |
Own parents | 20,000 |
Parents in-law | 15,000 |
Supporting documents required during a claim:
- Certified copy of death certificate/permit for burial
- Birth notification form/ birth certificate (for all claims on own child)
- Radio announcement or newspaper caption or letter from Chief/ head of institution
- Any other supporting documents (specify)
Risk Fund
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- Monthly contribution is 400
- Used to pay the outstanding loans of deceased members and double the monthly deposits to be paid to the nominee(s).
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