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About Us

About

About Majanees RNWDT SACCO LTD

Who We Are

Established in 1976 to serve the members of the then Brooke Bond Group of companies, Majanees RNWDT SACCO has grown significantly over the years. With an open common bond that includes Chama’s, corporates, and mergers with smaller Saccos, we now proudly operate from our head office in Limuru. As of 2020, we are regulated by SASRA, boasting assets exceeding Kshs. 100 million. Our goal is to empower our members through diverse and quality financial products and services.

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Years Of Existence

We Are Very Trusted

Why People Choose Us

Our Vision

To be member-driven, with choices of affordable and competitive products for all.

Our Mission

Empowering members through quality, diversified products and services while ensuring highest returns on investments.

Our Core Values

  • Commitment
  • Integrity
  • Teamwork
  • Accountability
  • Continuous Improvement

Our Primary Objective

Our primary objective is to foster a culture of accelerated monthly savings among our members. These savings form the basis for disbursing loans aimed at providence and self-development.

Why Majanees Sacco

Why Join Us?

  1. Diverse Financial Products and Services:- Majanees SACCO provides a wide range of financial products tailored to meet different needs, including savings accounts, various types of loans (development, emergency, school fees, agricultural, and more), and special products for groups and new members. This diversity ensures that members have access to financial solutions suitable for personal development, emergencies, education, and business ventures.

  2. Favorable Loan Terms: The SACCO offers competitive loan products with reasonable interest rates and flexible repayment periods. For instance, normal development loans have a low-interest rate of 1% per month on a reducing balance, and members can qualify for loans up to three times their deposits. This makes borrowing affordable and accessible, enabling members to finance significant projects and needs.

  3. Member Empowerment and High Returns: Majanees SACCO is committed to empowering its members through quality financial services and ensuring high returns on investments. The SACCO’s mission emphasizes member-driven growth and providing affordable and competitive products, which contributes to financial stability and growth for its members.

  4. Regulated and Secure: Being regulated by the Sacco Societies Regulatory Authority (SASRA) since 2020, Majanees SACCO adheres to stringent regulatory standards, ensuring the safety and security of members’ funds. This regulation enhances the trust and reliability of the SACCO, making it a secure place for members to save and borrow money.

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Regulated by
SASRA
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Favorable
Loan Terms
Our Team

Management Team

James

James

CEO

James

CEO MAJANEES SACCO

Lucy

CFO 

Dennis

Loan Manager

Tracey

Loan Supervisor