Skip to main content

Maisha Bora SACCO

Community-BasedEst. 1995ยทNairobi Countyยท4 branches

A growing community SACCO focused on improving members' quality of life through accessible financial services.

Visit Website โ†’
12%
Dividend Rate
12%
Loan Rate (p.a.)
3x
Loan Multiplier
25,000+
Members

๐Ÿ’ฐ Savings Products

Savings RateUp to 9%
Minimum SavingsKES 500/month
Dividend Rate12%
Total AssetsKES 5B

๐Ÿ“‹ Loan Products

Loan Rate12% p.a. reducing balance
Max Loan3x savings
Loan Multiplier3x savings
Example (KES 500K savings)Borrow up to KES 1,500,000

โœจ Features & Services

FOSA services
Emergency loans
Development loans
Business loans
Mobile banking

๐Ÿ“ How to Join Maisha Bora SACCO

Eligibility

Open to all Kenyans aged 18+ with regular income

Steps to Join

  1. Visit the nearest Maisha Bora SACCO branch or their website
  2. Fill out the membership application form
  3. Submit a copy of your national ID and passport photo
  4. Pay the registration fee and first savings contribution (KES 500/month)
  5. Receive your membership number and start saving
Branches: 4Location: NairobiWebsite: www.maishabora.co.ke

Frequently Asked Questions

What is the dividend rate at Maisha Bora SACCO?

Maisha Bora SACCO pays 12% dividends on share capital. This is around the industry average of 13%.

How do I join Maisha Bora SACCO?

Open to all Kenyans aged 18+ with regular income. You will need a national ID, passport photo, and the minimum monthly savings of KES 500/month.

What is the loan rate at Maisha Bora SACCO?

Maisha Bora SACCO offers loans at 12% p.a. reducing balance. Members can borrow up to 3x savings (3x their savings).

How much can I borrow from Maisha Bora SACCO?

You can borrow up to 3 times your total savings. For example, with KES 500,000 in savings, you could borrow up to KES 1,500,000.

Compare All SACCOs in Kenya

See how Maisha Bora SACCO compares to 55 other SACCOs

Need help? Chat with us