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Maisha Bora Sacco Society Ltd

Maisha Bora Sacco Membership

SACCO membership · Regulated by the SASRA

It is a co-operative. SASRA licenses it to take deposits from members.

Hear when this changes

What to watch out for

  • Maisha Bora Sacco Society Ltd publishes its joining terms on its own website. It charges a Ksh 2,000 joining fee and asks for a Ksh 1,700 minimum initial contribution, then Ksh 500 monthly. It does not publish an administration fee, a management charge or a lock-in period.

The details that matter for this kind of plan

Licence
Listed as a deposit-taking SACCO by SASRA for 2026
Joining fee
Ksh 2,000, paid via paybill 600110
Minimum contributions
Ksh 1,700 to start, then Ksh 500 monthly
Share capital
Ksh 35,000 to Ksh 10,000,000 per member
Dividend
Up to 20% annual returns on share capital

How to open this

  • Open with KES 1,700
  • then KES 500 a month

What does it cost you?

Taken off each payment you makejoining feeKES 2,000

What if you stop paying?

Ask the SACCO what happens if you stop paying. The share capital is not refundable. It can be transferred to another member when you leave.

What if you need the money early?

Ask the SACCO how long it takes to get deposits back. The BOSA Deposit Account needs 60 days' notice. The Maisha Investment Plus needs 7 working days' notice.

Who this suits

It could work for you if

You want to join a licensed SACCO. You can pay the Ksh 2,000 joining fee and the Ksh 1,700 minimum initial contribution.

Think twice if

You need membership terms the SACCO does not publish. These include an administration fee, a management charge and a lock-in period.

What they tell you

  • What is taken off the money you pay in?
    KES 2,000, taken from joining fee.
  • What is the smallest amount you can start with?
    KES 500.
  • Do they say who regulates them?
    Yes — the SASRA. That is who you complain to.

Talk to 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

  • 18 September 2026
    • Somebody read the company's own material only a regulator's listing → researched
    • Smallest monthly payment is now KES 500, and was not published before
    • Smallest lump sum to start is now KES 1,700, and was not published before
    • Taken off each payment you make is now KES 2,000, 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.

Where we got this