Masterways Sacco Membership
SACCO membership · Regulated by the SASRA
A savings society owned by its members. You save with it and can borrow. The money you pay in stays until you leave.
Hear when this changes
The details that matter for this kind of plan
- Entrance fee
- KES 3,500
- Minimum share capital
- KES 50,000 (2,500 shares at KES 20 each)
- Minimum monthly savings
- KES 3,250
- Notice to leave
- 3 months written notice
- Loan multiple
- Up to 3 or 4 times savings
How to open this
- Open with KES 50,000
- then KES 3,250 a month
What does it cost you?
| Taken off each payment you makeEntrance Fee of Kshs. 3,500/= | KES 3,500 |
|---|
What if you stop paying?
Your savings stay with the society. You must give 3 months written notice to leave. What happens next is set by its own rules, which it does not publish.
What if you need the money early?
You cannot take this money out while you are a member. You get it back when you leave after giving notice.
Who this suits
You want savings you cannot dip into, and the chance to borrow against them after saving for at least 6 months.
You may need the money back soon. It is locked while you are a member, and the company does not publish a dividend rate or a loan interest rate.
What they tell you
- What is taken off the money you pay in?KES 3,500, taken from Entrance Fee of Kshs. 3,500/=.
- What is the smallest amount you can start with?KES 3,250.
- Do they say who regulates them?Yes — the SASRA. That is who you complain to.
Talk to them
- Website: masterwaysacco.co.ke
- Email: masterwaysacco@gmail.com
- If something goes wrong, the SASRA is who supervises them.
Compared with the others
There are 222 other plans of this kind on the board. See all 223 side by side — what each one leaves you with, and which of them will not say.
What has changed here
- 19 September 2026
- Somebody read the company's own material only a regulator's listing → researched
- Taken off each payment you make is now KES 3,500, and was not published before
- Smallest lump sum to start is now KES 50,000, and was not published before
- Smallest monthly payment is now KES 3,250, and was not published before
We started keeping this record in August 2026. Anything that changed before then is not here. The whole board's record.
What the documents actually say
Every figure above was read out of a document. These are the sentences, word for word, so you can check them rather than take our word for it.
“An applicant shall be admitted to membership on being accepted by majority of the Management Board members but shall not qualify for the rights and privileges of membership until he/she has paid an Entrance Fee of Kshs. 3,500/= which may be revised from time to time under a resolution of a General Meeting and paid in full for at least 2,500 shares of Kshs. 20/= each and paid Kshs. 500/= for a copy of these By-laws.”
Masterways Sacco Limited — membership page: entrance fee, share capital, qualificationsthe company itselfread 2026-09-19“Every member is required to make regular monthly savings with a minimum of Ksh 3000 P.m.”
Masterways Sacco Limited — FAQ: registration fee, shares, deposits, notice period, loansthe company itselfread 2026-09-19“Fully paid up members are expected to have share capital of a minimum Ksh 50,000/= and maintain a monthly savings of not less than Ksh 3,250/=.”
Masterways Sacco Limited — homepage, company overview and key figuresthe company itselfread 2026-09-19“Give 3 months written notice on the intention to terminate membership.”
Masterways Sacco Limited — FAQ: registration fee, shares, deposits, notice period, loansthe company itselfread 2026-09-19“Has to make regular deposits for at least Six months”
Masterways Sacco Limited — FAQ: registration fee, shares, deposits, notice period, loansthe company itselfread 2026-09-19“Kindly note the share capital was raised to Ksh. 18,000/= during the AGM. Start paying your share capital in installments.”
Masterways Sacco Limited — homepage, company overview and key figuresthe company itselfread 2026-09-19“Masterways NWDT Sacco has grown since inception from a membership of 15 members to currently over 1,100.”
Masterways Sacco Limited — homepage, company overview and key figuresthe company itselfread 2026-09-19“Our asset base is over 675 million and deposits of 546 million.”
Masterways Sacco Limited — homepage, company overview and key figuresthe company itselfread 2026-09-19“Registration fee of Ksh3500/= and 1,100 shares worth Ksh 20 each”
Masterways Sacco Limited — FAQ: registration fee, shares, deposits, notice period, loansthe company itselfread 2026-09-19
Where we got this
- SASRA: Sacco Supervision Annual Report 2024 — growth performance indicators for every regulated societythe regulatorRead on 2026-08-28
- Masterways Sacco Limited — homepage, company overview and key figuresthe company itselfRead on 2026-09-19
- Masterways Sacco Limited — membership page: entrance fee, share capital, qualificationsthe company itselfRead on 2026-09-19
- Masterways Sacco Limited — FAQ: registration fee, shares, deposits, notice period, loansthe company itselfRead on 2026-09-19