Company Information

Get to know Maisha Bora Sacco

Maisha Bora Sacco was initially registered on May 30th, 1988, as Kericho Tea Growers Sacco Ltd before rebranding in 2012 to accommodate a more diverse membership. It is a Deposit-Taking SACCO licensed and regulated by the Sacco Societies Regulatory Authority (SASRA) in Kenya. The company's mission is to mobilize savings and provide affordable financial products and services, such as various loan types (BOSA and FOSA) and savings accounts, to empower its members socially and economically.

Industry

Financial BankingPRIMARY
Financial Other Service

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Maisha Bora Sacco

Kenya

Founded in

1975 (51 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.