The Self Help Group is a Saving and Credit Group under the Archdiocese of Nairobi. It is one of the church groups in the parish.
St. Jude Self Help Group (SHG) was founded in the year 2000. It operates under the Catholic Caritas Nairobi Self Help Programme. It is run by a professional management Committee elected at the Annual General Meeting of the members. The management committee is guided by the core values of the SHG which includes honesty, integrity, transparency, accountability, effectiveness, efficiency, service leadership and God-fearing.
The vision of the Self Help Group is ” to be the best run and fastest growing group in the Archdiocese of Nairobi”, the mission on the other hand is ” to enhance recruitment of members and service delivery in order to empower the members economically”. The group’s current membership stands at 729 active members, a share capital of ksh. 21 million and an asset base of kshs. 25 million, mostly in the form of loans to members and investment in treasury bills and the Caritas Micro-finance Bank
The membership is projected to increase to the tune of 400 within the next three years according to the group’s strategic plan for the years 2018 – 2021 with a corresponding increase in its capital and asset base.
The group gives loans up to three times the member’s shares upon guarantee by fellow members to attain a shilling-to-shilling fund guarantee policy as per Caritas guidelines, this ensures that members’ savings are fully secured and will not be lost at any given time. .
The management committee invites all persons from Donholm Community and beyond who are 18 years and above and are holders of valid national ID card, minors and eligible groups can also be registered.
The group’s offices are located within the St. Jude Catholic Church Building in Room No. 2. (basement).
Office hours are 8.30 a.m. – 4.00 p.m. Mondays to Fridays. The group also runs information desk every Sunday from 8.30 a.m – 1.00 p.m near the main entrance to the church.
QUALIFICATIONS TO BE A MEMBER AND HOW
- Any person aged 18 years and above.
- Membership: – Application form……………….. kshs. 300
– Registration Fees……………….. kshs. 200
– Minimum Savings………………. kshs. 300
– 2 coloured Passport size
– Photocopy of ID.
– A copy of guidelines and strategic planning…… kshs. 300
3. Savings is done strictly on monthly basis.
4. One qualifies for a loan after 6 months of registering as a member and loan is given 3 times the savings.
5. Loan Application form is kshs. 200
6. Loan must be fully guaranteed ( your shares and or guarantors)
7. Interest on loan is at 1% reducing balance. Maximum repayment period is 3 years (36 months)
8. Grace period for a loan is ONE month from the date the loan is granted.
9. Office Maintenance Fees is kshs. 60 monthly.
10. Benevolent Fund is kshs. 40 monthly.
11. Computer Fund is kshs. 100 for 12 months only (kshs 1,200)
12. Late payment is kshs. 100
13. Dividends is not applicable to defaulters (4 months)
NB: Recruit more members for your future guarantors.
Shares withdrawal is 3 months on written notice.
Payments can be done through the Caritas Microfinance Bank, Donholm Branch.
A/C No: 1002007000100
Mpesa Paybill No:- 527531
Email:- st.judedonholshg@gmail.com
St. Jude Donholm Self Help Group Committee Members taking part in CSR.
By practicing corporate social responsibility which is also known as the corporate citizenship, the group can be conscious of the kind of impact they are having on all aspects of society including economic, social, and environmental.
