Verified 12 September 2026

Magereza Sacco Kenya (2026)

By Dennis Kiptoo · SACCO hub · Nairobi County

Magereza Sacco is a SASRA-licensed deposit-taking SACCO rooted in the Kenya Prisons Service, serving officers, their families and, increasingly, the wider public.

Deposit and repay via M-PESA

Deposit and repay via M-PESA paybill with your member number. Confirm the current paybill on Magereza's official channels before relying on it.

Dividends

Declared at the AGM and paid to your account, rate and date to confirm against the circular.

Loans

Standard 3x to 5x multiplier, strong on development and emergency products for members in service.

How to join

ID, KRA PIN, photos, entry fee and share capital, plus any employer-scheme route for serving officers. Nationwide membership.

Frequently asked

Who is Magereza Sacco for?

Prisons Service staff, families and the wider public.

Is it licensed?

Yes, a 2026 DT-SACCO.

How do I deposit?

Via its M-PESA paybill, confirm the number.

Verified 12 September 2026. Independent guide, paybillke is not affiliated with the SACCO. Share capital is not withdrawable on demand and carries guarantor and liquidity risk. Confirm paybill numbers, dividend rates and contacts against the SACCO's own channels.