The Sacco invites interested suppliers to apply for prequalification for the period 2021 and 2022. Existing suppliers are also invited to apply.
In light for the recent Covid-19 global pandemic the C.E.O. of Magereza Sacco Augustine Mutisya and the Honorable Board of Directors have set stringent measures to ensure the sacco is still operational within the government set regulations. We urge all members to adhere to safety protocols, wash hands regularly, wear masks when in public and avoid unnecessary movement. STAY HOME, STAY SAFE.
Magereza Sacco has launched the Magereza Sacco Portal that enables members to have access to their records such as FOSA account Statements, Dividends pay slip, BOSA loan Statements among others self-service features.
2019 dividends credited to members as of April 10th 2020 at 11 % on Share Capital and 9% on Share contribution as at December 2019. Members can download dividend pay slip on the Magereza Portal.
ISINYA PLOTS on sale at very competitive market prices .These prime plots located at Isinya, Kajaido County sitting on a 104 acres is up for sales to its members at 290k and 380k to the public. Contact our offices to organize for a site visit.
The Sacco is selling prime plots located at isinya, Kajiado County. The 104 acres plot is up for sale with each 1/8 acre selling at a special price of Ksh.290,000 for Sacco members and Ksh.380,000 for non-members.
Magezera Sacco Society Limited hit a turn-over of Ksh 596 Million and recorded a net surplus of Sh 108.5 illion for the financial year ended 31st December 2017. This is compared to Sh 72,062,777 made in 2016. Net interest income rose to Sh 213,165,064 in 2017 compared to Sh 167,796,114 in 2016. Magereza Sacco Society made Sh 375,686,773 as interest charged on backoffice(BOSA) loans while income earned from FOSA loans stood at Sh 151,255,410.00.