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Invest in Universal Traders SACCO

Universal Traders SACCO

Share Capital: KES 1,000,000

Regulated

Trading

  • Total Assets1.50 B
  • Total Deposits 0.84 B
  • Gross Loans 1.29 B
  • Total Income 0.24 B

In Brief

  • Average Share PriceKsh.63
  • Existence 33 years
  • Shares Bid 0
  • Shares Offered 40,000

In Summary

Universal Traders SACCO (UTS), previously known as Masaku Traders SACCO Society Limited, was registered in 1991 as a co-operative society in response to the economic needs of the local populace. 
The common businesspeople were then unable to access credit facilities from mainstream financial institutions due to a lack of collateral and other conditional ties. 

The society was therefore a result of the vision and initiative of a few business people who decided to harness the resources of existing small and medium enterprises by pooling resources so as to access affordable credit facilities. 

UTS has a network of seven branches spread out in the lower eastern region. They include Machakos, Wote, Tala, Embu, Kathiani, Kitui, Mlolongo branches, and Runyenjes satellite offices.

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