Community Managed Microfinance Groups (CMMF Methodology) is a group of 15-30 people who meet regularly to save together and take small loans from those savings. The activities of the group run in cycles of one year, after which the accumulated dividends/profits from the savings are distributed to the members. The purpose of a CMMF/CMSG Methodology is to deliver innovative financial services, training, and support to our members engaged in small business to grow their incomes.

The increase in savings levels and growing loan needs has rendered it inevitable to link CMMF/CMSG to CBS PEWOSA NSIDIKA NJAKE Eyeeterekera COOPERATIVE SOCIETY. With this linkage, groups’ savings are more secure, Supervision, and easily accessible

Requirements of CBS PEWOSA NSIDIKA NJAKE EYEETEREKERA COOPERATIVE SOCIETY CMMF/CMSG GROUP.

• Membership ranges from 15 to 30 Members
• Group Account fees 162500/= (Membership 150,000/= and Account opening 12,500/=)
• Group Certificate
• National IDs of three Group Leaders
• List of all members in the groups, phone numbers, and signatures.