About – Mofaa Sacco

About Us

Who We Are

Mofaa Sacco Society Ltd. is a Regulated Non-Deposit Taking Savings and Credit Cooperative that was registered in December 2012 under the Cooperative Societies Act (Cap.490), Laws of Kenya. It is licensed and regulated by Sacco Societies Regulatory Authority (SASRA). Our membership is drawn from Landlords and employees through Mofa Golden Agencies Ltd. Mofaa Sacco employees, Corporates, Welfare Groups and other individual members referred to by the existing members.

Minimum is 500 shares of Kshs. 20/= equivalent to
Kshs. 10,000/=.

“A Regulated Non-Withdrawal Deposit Taking Sacco”

Savings

– Unlimited minimum deposits
– Secure membership
– High returns
– No hidden fees

Sacco Management

Mofaa Sacco is governed by a Board of Directors who are democratically elected from the Society’s membership in the Annual General Meeting (AGM). There is also a Supervisory Committee and five members of staff.

Why Choose Us

Welfare / Chama Group

Registration fee Kshs. 3,000/= only. Requirements- Copies of Certificate of Registration/ National IDs and PIN of the Officials/Group's KRA PIN/ 2 passport size recent photos of Officials. 6 months bank statement of the Chama/Welfare group. Minutes of seating agreeing to open an account with Mofaa Sacco. Bank plate of Chama/Welfare group.

Individual Registration

Registration fee Kshs. 2,000/= only Requirements - Copies of National ID/KRA PIN/2 passport size recent photos.

Joint Account

Registration fee Kshs. 3,000/= only Requirements- Copies of National IDs of the Account holders/KRA PIN of each/2 passport size recent photos of Account holders.

Landlord

Through Mofa Golden Agency check-off system. Normal registration fee and requirements for an individual applies.

Corporate

Registration fee Kshs. 5,000/= only Requirements- Copies of Certificate of incorporation/ National IDs and KRA PIN of the Directors/Company KRA PIN/2 passport size recent photos of Directors.