To afford an opportunity for members to mobilize savings, provide affordable credit facilities for promotion of the social economic welfare of members through prudent management and diversification of products, while recognizing the interests of stakeholders
At a minimum of 6000 share these deposits qualify one to be a member of the Sacco
On a minimum monthly contribution of Ksh. 1000, this deposit enable a member to qualify for a loan.
The loan is tailored for salaried members and payable through Check off. Loan is payable within one month from date issued- interest 5%
MAWAZO SACCO is a non-deposit taking Sacco established in the year 1982 at wire products Limited under the umbrella of Industrial Promotion Service(IPS) Kenya, Agakhan Foundation. MAWAZO started with 40 members and over the years the Sacco has grown to a membership of more than 1400 members mostly from companies under Industrial Promotion Service(IPS) Kenya as well as private members.
The various companies under the IPS include;
We are committed to the hugnestlevel of achievement obtainable through competence and pertinent skills. The spirit of solidarity upon the society is built, drives us to embrace unity of purpose at the membership levels and teamwork within the management for quality provision of services.
Principles;