About Us – Mudete Sacco

About Our Sacco

Who Are We

Mufate ‘G’ Sacco society limited is a savings and credit cooperative society started in 1987 that provides financial services to farmers, business community and other institutions.

Our Vision

To be a leading financial service provider nationally.

Our Mission

To empower our customers economically through mobilization of resources & provision of quality, diversified and competitive financial solutions.

Our Core Values

Teamwork
Integrity
Competitiveness
Accountability
Service Excellence
Efficiency
Social Responsibility

549

Happy Customers

57

Industries Served

100

Loans Given

What We Do

we offer a comprehensive range of impactful lending options. Experience Affordable Rates, Streamlined Processes, and Personalized Service, empowering you to achieve your goals and seize new opportunities. Let us be your trusted partner on your path to financial success.

Client Support

80%

Communication

60%

Efficiency

70%

Loan Approval Rate

80%

Services and Experience

Why Choose Us

Convenience

We strive to provide diversified, reliable, accessible and affordable financial products and services to our members

Loan Approval

We act with professionalism and undertake our business ethically and ensure we approve loans within a timely duration to deliver innovative financial solutions to our members.

37 Years Experience

We are tried and tested in the industry hence we have the experience needed.

Low interest rates on loans
Instant disbursement of loans

Innovation

We are a leading organization that is committed to the continuous improvement of our processes.

Customer Support

We collaborate and support each other in our work. Our members are the most important asset and we ensure we are available at all times. Our contact information is provided below for reach.

Questions and Answers

General FAQs

How do I benefit being a member of the SACCO?

Favorable interest rates on loans
High annual dividends and interest on deposits
Instant FOSA loans
Loan clearance on behalf of members

What is the difference between share capital and deposits?

Share capital

Share capital is the money invested in the Sacco by the members/shareholders. It is a permanent /long term member’s contribution toward the Sacco capital and forms part of Sacco equity. It represents your ownership of the Sacco, currently each member has minimum of 500 Shares valued at KES 100.

Deposits

Deposits means a balance that is established and maintained by a person at a SACCO that confers membership rights to that person, these are the regular monthly deposits. They are used to determine eligibility for a loan and can only be withdrawn when one ceases to be a member. Deposits can be used as loan security; and are withdraw-able members' savings.

Is share capital refundable?

The share capital is non-refundable and is only transferable to an existing Sacco member or sold to a Sacco member when you cease being a member.