Minimum Share capital offer

During our several meetings, we have listened to so many people who wish to join the Sacco and the directors have resolved to reduce the minimum share requirement for those who register within the next 3 months to 5 share @ kes 10,000 =Kes 50,000. balance to be paid at kes 5000 per month. However, to qualify for the Benevolent and Welfare Fund, a member must have paid for  2 shares (kes.20,000). The maximum shares limit for a member is 1000 shares @kes10,000.