About us
Mariakani Mabati NWDT Sacco was registered on 5th July 1988
Membership is drawn from Mabati Rolling Mills Limited, Bahari Forwarders Limited, Kaluworks Limited, Safal Foundation and Mariakani Mabati Employees.
The Sacco opened its common bond in January 2016 to accommodate members outside the parent companies.
How to Join Us
Membership Application
Membership Requirements
- Duly completed membership form.
- Copy of ID/Passport.
- Copy of KRA PIN.
- Minimum share capital of KShs. 10,000
- Registration fee of Kshs.700
- Minimum monthly contribution of Kshs.4000.
Why MMSacco
- A savings platform to plan for the future.
- Easy access of loans through member guarantee model.
- Access to loans with deposit multiplier of three times one’s deposits.
- Fast turnaround time on loans.
- Competitive interest rates on loans from 1% per month on reducing balance.
- Loan tenure of up to 60 months.
- Competitive returns on Share capital and Member deposits.
Loan Requirements
- Active membership for a minimum of 3 months.
- Duly filled application form.
- Guarantors whose deposits should be equivalent or more than the loan applied.
- Current pay slip for employed members.
- All deductions not exceeding â…” of gross salary.
Active Members
Years of Service
Team members
Savings Account
This type of savings allow members to save minimum of Ksh 1000/= per month.
Fixed Deposits
This is a withdrawal type of savings.
Member Deposits
Minimum monthly contribution is Ksh. 4000.
School Fees Loan
Granted to members to enable members educate their Children.
Our Partners
