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Get to know Mhasibu SACCO Society Ltd

Founded and registered in 1986, Mhasibu SACCO Society Ltd is a leading, deposit-taking Savings and Credit Co-operative (SACCO) in Kenya. Its primary mission is to economically and socially empower its members, who are mainly professionals from the Institute of Certified Public Accountants of Kenya (ICPAK) and other recognized accounting bodies, by mobilizing savings and providing a variety of affordable credit facilities and innovative financial products. The SACCO operates under the regulatory oversight of the Sacco Societies Regulatory Authority (SASRA).

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Mhasibu SACCO Society Ltd

Kenya

Founded in

1986 (40 Years)

Founded

Last online: No recent activity

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2017

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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.

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