Are you a Professional with the desire to join a reputable & reliable Sacco to help you grow and secure your financial future and achieve financial independence? Look no further, choose Mhasibu SACCO, the Sacco for Professionals, and enjoy your journey to wealth creation.
Mhasibu SACCO is the number one deposit-taking Sacco for all professionals globally regulated by SASRA.
Not yet a member? Become a member and enjoy access to loans up to 5 times total deposits plus Share Capital to a maximum of 50M at very competitive and flexible Terms & conditions.
You can conveniently join individual membership online from the comfort of your home through this link https://members.mhasibusacco.com/application/register
For group/corporate membership, access the application form via this link Downloads – Mhasibu Sacco Society Limited
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Membership Eligibility
- All professionals in Kenya
- Registered Corporations and Groups
- Spouses and children of Mhasibu Sacco members
Individual Membership Requirements
- Registration, fee of KES 1,000
- Minimum monthly Contribution of KES 1,650
- Minimum share capital contribution of KES 10,000
- Professional certificate
- Applicants ID/Passport
Group/ Corporate Membership requirements
- Registered by the Registrar of Societies/ Companies.
- The registration certificate must have a current stamp, stamped within the year by the Social Service
- Must have been in existence for at least three years.
- All group members/directors for corporations must be Kenyan citizens aged 18 years and above.
- The group should not belong to more than one SACCO Society serving a similar purpose or objective.
- Entrance fee of KES. 5,000.
- Payment of share capital of KES 20,000 for the group/corporate
- The group/corporate shall save a minimum of KES. 10,000 per month in deposits.
Supporting Documents are required for Groups/Corporate membership.
- Minutes listing all members/shareholders, with their signatures and a resolution authorizing directors/officials to join Mhasibu Sacco Society Limited.
- Copies of National I.D. for officials/directors.
- A passport photograph for officials/directors.
- KRA PIN for each group official/company director.
- Contacts (Address, Residence, Mobile, Email) for officials/directors.
- Group constitution/Articles of Association.
- Group/Company registration certificate.
- KRA PIN for registered companies.
- CR 12 Form for registered companies
- Evidence of physical address for the company/group.
Read Also: What Makes Mhasibu Sacco Tick All the Boxes For Professionals in Kenya?