The Maridady Motors Sacco is geared towards helping clients own their desired cars through financing them and helping members who don't want cars to earn profits from their savings.
You register to become a member of the Sacco by filling in the Maridady Motors Sacco registration form, attaching a copy of your ID and paying the registration fee of ksh5000.
There are 2 active Sacco accounts.
1. MY RIDE ACCOUNT
This is the account that helps you own a car. Once you're a member, there are two qualifications you need to meet to get the car.
1. You need to save up at least 50% of the value of the car you want.
2. You need to be an active member for at least 6 months.
Once you reach your target, we will import the vehicle for you which means you will get at the most affordable price.
After we deliver your desired vehicle, you are required to pay us back in 2 years with the loan attracting an interest of 1.5% per month.
I). We don't check CRB.
II). No Bank statements required.
III). No guarantors needed.
IV). Saving is flexible (save any amount any time)
V). Flexible loan repayment plan (you can pay your monthly loan in bits within the month)
2. SAVE TO INVEST ACCOUNT
This is the account that helps you grow your Capital by saving.
We give profits of 12% per year for savings between 50,000 and 300,000.
So, if you have the lumpsum already, you join the SACCO and start earning your profits.
If you don't have a lumpsum, you join and save towards the Minimum investment amount (ksh50,000).
I). Financial discipline of saving regularly (whichever amount) to your account
II). A great interest of 12% p.a
III). No monthly charges for keeping the account active.
IV). Get your full Investment amount at the end of the contract
(1 year or 2 years)
Sign up to Maridady Motors Sacco today.
Our agent will get in touch for further discussion.