MAGEREZA SACCO SOCIETY

Magereza DT Sacco was started in 1971 by a section of Prisons Officers then stationed at Shimo La Tewa Prison. In the same year it was registered and licensed as a limited savings and credit cooperative society. The Sacco is licensed by the Sacco Societies Regulatory Authority (SASRA) as a deposit taking Sacco. Since then, the Sacco has undergone various transformations and now boasts as one of the giant Sacco's in the country... Magereza Sacco Society Ltd. was registered in March, 1971 and derives its membership from correction institutions including prisons, the juvenile homes and immediate families of the staff of these institutions. We offer both savings and credit services to this target group. To-date the sacco has a membership of over 22,000 active members and has a turn-over of Ksh 596 Million shillings...

Also known as: Magereza DT Sacco, Magereza DT Sacco Society Ltd, Magereza Sacco Society Ltd.