How to join Mhasibu Sacco

Mhasibu Sacco is a co-operative that was established in the year 1986 by the institute of certified public accountants of Kenya to enable its members save and get affordable credit facilities.

Its membership is mostly drawn from professionals in the accounting industry.

Joining Mhasibu Sacco

  1. Login to the Mhasibu Sacco portal.
  2. Enter your personal details.
  3. Pay a registration fee of Ksh 1,000 through M-Pesa paybill .Use your ID number as the account number.
  4. Enter the M-pesa confirmation code in the portal.
  5. Enter your personal information and bank details.
  6. Enter your employment and next of kin details.
  7. Scan and attach your ID card.
  8. Attach the following documents;
  • A proof of your accountancy profession.
  • Next of Kin’s ID or birth certificate.
  • A passport photo.
  1. Then click apply to finish the registration process.
  2. Upon registration, you are required to pay a monthly minimum deposit contribution of Ksh 1,600 and a minimum share contribution of Ksh 10,000.

Mhasibu Sacco Loans

For you to be a granted a loan from this co-operative;

  • You must have a good credit record and must not have been listed by CRB .
  • You must have contributed deposits consistently for six months.
  • You must not be a member of another co-operative.
  • Your guarantors must have a good credit record.

Below are the loans that the co-operative gives its members;

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