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40 years celebration - 2017
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The Deputy Governor, Kajiado County, H.E Martin Mushusho, addressing members during the Sacco's 40th Anniversary celebration.
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The Deputy Governor, Kajiado County, H.E Martin Mushusho, signing the Visitors' Book during the Sacco's 40th Anniversary celebration.
About Us
Magadi Sacco Society Ltd is a Deposit Taking Sacco (DTS) registered and regulated by the Sacco Societies Regulatory Authority (SASRA).
The Sacco began its operations in 1977 following its registration under the Co-operative Societies Act (Registration No 2664) with the objective of providing a mechanism for the then Magadi Soda employees to save and borrow at low cost in order to meet their Socio-economic needs.
The Sacco’s membership has grown from the initial 50 members in 1977 to over 7,000 members in 2022. In the same period, members’ deposits have grown from less than Kshs. 50,000 to over Kshs 530 Million while the asset base of the Sacco has grown to over Kshs 700 Million. The membership of the SACCO is open to all. Read More
Our Products & Services
BOSA Savings
Saving in BOSA earns you a handsome return while also qualifying you for loans of up to 3 times your deposits.
View DetailsFOSA & Micro Savings
Our FOSA takes care of all your banking needs with 24/7 access to funds through Mobile Banking and VISA ATM.
View DetailsLoans & Advances
We have a variety of loans and advances to fit all your financial needs:
View DetailsINTRODUCING MAGADI M-CASH
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You can access the service via USSD *850# or our mobile app.
You’ll need to register for Magadi M-Cash before you can use the service. If you’re already registered, you can get started straight away.
Download M-Cash Application Form here
Services offered via Mobile Banking (App and USSD)
- Membership information
- Member Statistics
- Mini Statement
- Funds Transfer
- Withdrawal to M-Pesa
- Deposit from M-Pesa
- Loan Management
- Airtime Purchase
