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Invest in Magadi SACCO

Magadi SACCO

Share Capital: KES 1,000,000

Regulated

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Trading

  • Total Assets0.83 B
  • Total Deposits 0.63 B
  • Gross Loans 0.67 B
  • Total Income 0.13 B

In Brief

  • Average Share PriceKsh.37
  • Existence 47 years
  • Shares Bid 0
  • Shares Offered 90,000

In Summary

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 KES 50,000 to over KES 530 million while the asset base of the SACCO has grown to over KES 700 Million. 
 

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

Get In Touch

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

Phone: +254 723 373999

Email: shares@asx.co.ke

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