Maisha Bora society was registered and lived under the name Kimbo Sacco until October 2003 when we acquired our current name Maisha Bora Sacco after the sale of Kimbo brand by Unilever. This development further created an opportunity for the Sacco to broaden the common bond to accommodate members outside our traditional bond of Unilever and Research International. The change of name also reflected the diversity in our membership further leveraging the strategic direction to grow the Sacco.
Over the years the Maisha Bora SACCO has grown from strength to strength to become a commercially autonomous, democratically controlled and self-reliant business enterprise. This is due to the support received from our members and other stakeholders at large. Currently, our asset base stands at 2.08 billion; our loan portfolio is 1.8 billion. The assets are supported by member deposits of 1.7 billion, share capital of 101 million and other liabilities. The Sacco has also experienced growth is staff numbers and professional experience.
Maisha Bora Sacco has achieved key milestones as under:-
• Acquired SASRA licence in 2012
• Attained a 1 billion loan book in 2015
• Attained a 2 billion balance sheet in 2015
• Attained double digit dividend/interest payout for over the last 5 years
• Implemented a core ICT platform
• Pride to have the highest Sacco saver in Nairobi County
• Being able to accommodate alternative loan collateral e.g. Property besides guarantors
Maisha Bora Sacco has won some prestigious awards in the recent past as under:-
| Awards | Position |
| Best managed SACCO – Company/NGO sector | 1st Position |
| Best in education and training services – Company/NGO sector | 1st Position |
| Lowest expenditure SACCO – Company/NGO sector | 1st Position |
| Highest average savings – Company/NGO sector | 3rd Position |
| Best loaning services SACCO – Countrywide 1st Position | 3rd Position |
HOW TO JOIN MAISHA BORA
Go to https://portal.maishaborasacco.com/ and click on the link “JOIN TODAY” on the left upper end of the screen. Complete the online membership form and submit.Pay the joining fee & share capital using our paybill number 600110 with your ID number as account number. You can also deposit fund at the bank or at the FOSA.
Alternatively;
You can fill the hardcopy membership form available at our office and on our website www.maishaborasacco.com under downloads menu.
Attach copy of your ID, a passport photo, and an income record (pay slip or bank statement)
Return the form to our customer care desk and make a deposit of the joining fee of Ksh 2,000/- and minimum share capital of Ksh 1,000/-
Our membership is drawn from the following organizations:-
• Unilever Kenya Limited
• Ex-Unilever Kenya employees
• Employees of other reputable companies
• Companies capable of making regular check off contributions
• Micro finance groups
• Institutions (Schools, Churches, Hospitals, Other Saccos)
• SMEs
• Individuals
• Children and youth
• Civil servants
• Pensioners
The following are some of our affiliates:-
• Unilever Kenya Limited
• Link soft Communications and Telkoms Ltd
• TNS Research International
• Professional Technologies
• Specon Holdings and Kenya Ltd
• Becton & Dickosn
• Rodent Kill
• Tread Setters Tryes Ltd
• Help Age International
• Consumer Options
• Craft Silicon Company
• Cornerstone Training Institute
• Christian Aid
• Faith Food Company
• Diversay
• Rose of Sharon
• Mellech Engineering
• Spread Marketing
• Kenya Tourism Board
• Salgaa Self Help Group
• Stoic ltd
• Quest Laboratories
• Maisha Bora Sacco Staff
• Ex- Unilever employees
Is membership open to the general public?
- Yes. Maisha Bora Sacco has an open common bond and therefore members of the public are eligible to join.
MAISHA BORA SACCO LOAN PRODUCTS AND INTERESTS
Loan Products
Development Loan
Emergency Loan
School Fees Loan
Instant Loan
Special Loan
Refinancing (Spec) Loan
Check-Off Loan
Karibu Loan
Karibu Tena Nyumbani (KTN)
Motor Vehicle Loan
Bima Loan
Okoa Jahazi Loan
Share Capital Loan
Share Reinstatement Loan
. When does a member become eligible for a loan?
- After a period of 1 to 3 months depending on the membership category.
- Upon acquiring a minimum share capital of Ksh 1,000.
- The waiting period has been waived for members transferring directly from another Sacco.
MAISHA BORA SACCO :What is membership structure?
| Code | Description | Share capital | Ent fee | Monthly payment | ||
| Savings | Capital | GFE | ||||
| A1 | Regular | 20,000 | 2,000 | 1,000 | – | 100 |
| A2-1 | Corporate | 20,000 | 5,000 | 3,000 | – | |
| A2-2 | Chama | 20,000 | 5,000 | 3,000 | – | 100* |
| A3 | Capital investor | 20,000 | 2,000 | – | – | – |
| B1 | 15,000 | 2,000 | 500 | 500 | 100 | |
| B2 | 10,000 | 2,000 | 500 | 500 | 100 | |
| B3 | 5,000 | 2,000 | 500 | 500 | 100 | |
| B4 | 1,000 | 2,000 | 500 | 500 | 100 |
*all member categories listed above have access to all our service.
MAISHA BORA SACCO PORTAL
Welcome to the Members Portal
User Name
Password
First time user of new portal Click on first time user of new portal link. 1.1.Enter your national ID number.1.2.Enter your membership number starting with 00i.e. 0010XXXX1.3.Enter captcha code as it’s on the screen.1.4.Tick accepts terms &conditions checkbox.1.5.Click on submit. 1.6.Initial password will be sent to your phone/email.On the new page1.7.Enter your national ID number.1.8.Enter your membership number starting with 00 i.e. 0010XXXX1.9.Enter captcha code as it’s on the screen. 1.10.Click on login 1.11.Token will be sent to your phone/email. 1.12.Enter password & token sent in 1.6 & 1.11 above to new window that pops up to allow change password.1.13.Click on submit button.
ALREADY REGISTERED USER
2.Already Registered User2.1.Enter your nation ID number.2.2.Enter your membership number starting with 00 i.e. 0010XXXX2.3.Enter captcha code as it’s on the screen.2.4.Click on login.2.5.Tokenwill be sent to your phone/email registered to the Sacco. 2.6.Enter password&token that was sent to your phone/email.
FORGOTTEN PASSWORD
3.Forgotten password : Click on forgotten password link.3.1.Enter your national ID number.3.2.Enter your membership number starting with 00i.e. 0010XXXX3.3.Enter captcha code as it’s on the screen.3.4.Tick accept terms & conditions check box.3.5.Click on submit.3.6.Initial password will be sent to your phone/email.On the new page3.7.Enter your national ID number.3.8.Enter your membership number starting with 00 i.e. 0010XXXX3.9.Enter captcha code as it’s on the screen. 3.10.Click on login.3.11.Token will be sent to your phone/email. 3.12.Enter password & token sent in 3.6 & 3.11 above to new window that pops up to allow change password. 3.13.Click on submit button.
MAISHA BORA SACCO CONTACTS
Maisha Bora Sacco Society Limited
Unilever Kenya Ltd, Commercial Street, Industrial Area
P. O. Box 72713-00200
Nairobi,Kenya
info@maishaborasacco.com
Phone: +254 709 446 000 (customer Care Help line) /+254 708 292 248
