Magadi SACCO
A high-performing employer-based SACCO tied with Bingwa and Nawiri for best national rankings by SASRA.
Licensed by SASRA for deposit-taking SACCO business in 2026 (Magadi Sacco Society Ltd).
Checked against SASRA on 2026-11-13: licence and total assets (SASRA, list of licensed and authorised SACCO societies for 2026; SASRA, SACCO Supervision Annual Report 2025, Appendix III (total assets at 31 December 2025)). We found no page on Magadi SACCO's site that states its dividend or loan rates; "Not published" means that. Confirm rates with the SACCO before you join.
💰 Savings Products
📋 Loan Products
✨ Features & Services
📝 How to Join Magadi SACCO
Eligibility
Employees of Magadi Soda Company and related enterprises
Steps to Join
- Visit the nearest Magadi SACCO branch or their website
- Fill out the membership application form
- Submit a copy of your national ID and passport photo
- Pay the registration fee and first savings contribution
- Receive your membership number and start saving
Frequently Asked Questions
Is Magadi SACCO licensed by SASRA?
Licensed by SASRA for deposit-taking SACCO business in 2026 (Magadi Sacco Society Ltd).
How big is Magadi SACCO?
SASRA reports total assets of KES 1.3B at 31 December 2025.
What is the dividend rate at Magadi SACCO?
SACCOs set dividends each year at their annual general meeting. Magadi SACCO does not publish its latest rate on a page we could check; ask the SACCO for its last AGM resolution.
How do I join Magadi SACCO?
Employees of Magadi Soda Company and related enterprises. Ask the SACCO for its registration fee and minimum monthly contribution.
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