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Invest in Masterways SACCO

Masterways SACCO

Share Capital: KES 1,000,000

Regulated

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Trading

  • Total Assets0.507 B
  • Total Deposits 0.419 B
  • Gross Loans 0.379 B
  • Total Income 0.050 B

In Brief

  • Average Share PriceKsh.52
  • Existence 28 years
  • Shares Bid 0
  • Shares Offered 67,000

In Summary

Masterways Non-withdrawable deposit taking SACCO was registered in November 1996 under the Cooperative Societies Act Cap 490 and held its first AGM in 1997. The pioneer founder members were the staff, clients and directors of Masterways Properties Ltd, the latter offers professional management services to real estate products investors. 

The original common bond comprised of property owners and staff of Masterways properties Ltd. In the AGM held in 2016 members resolved to expand the common bond to onboard other categories who are eligible to join as members which include; clients of other real estate agents with MOU with Masterways NWDT, corporates plus others as specified by the Society By-Laws.

Masterways NWDT SACCO has grown since inception from a membership of 15 members to currently over 1000. Its asset base is slightly under KES 500 million and deposits of KES 380 million. 
Fully paid-up members are expected to have a share capital of a minimum KES 22,000/= and maintain a monthly savings of not less than KES 2000/=.
 

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Free support: +254 723 373999   |   Email: shares@asx.co.ke

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Address: P.O. Box 773-00517, Nairobi, Kenya.

Phone: +254 723 373999

Email: shares@asx.co.ke

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