About Us
Mudi Savings and Credit Cooperative Society (SACCO) is a member owned Financial Cooperative.
The SACCO was registered in 1990 under the cooperatives Societies ACT no 36 of 1998 as Malawi Bureau of Standards SACCO before it changed its name to Mudi SACCO in December 2000.Mudi SACCO operates by following the cooperative principles of voluntary and open membership, democratic control, member participation, concern for the community and informed membership as adopted by the World council of credit unions (WOCCU).
Visit us today in Blantyre, Off Lali Lubani Road.
Savings Products
Shares
Earn dividends at the end of the financial year
Retirement Savings
Contributions towards one's retirement
Festive Savings
Savings ahead of all annual festivities
Ordinary Savings
Can be deposited or withdrawn upon request
Fixed Deposits
Minimum of 3 months, payable upon maturity
Youth Savings
To enhance financial inclusion for the youth.
Dail #327 to access SACCO Mobile
For balance enquiry, funds transfer, loan repayments, savings top up and many other services.
Loan Products
Normal loan
For all your short and long term investments
Emergency Loan
Caters for all your emergencies and immediate needs
Material Loan
Let us build your house and help you acquire all household items
Fast Loan
Open a fixed deposit with us at a very competetive rate and get a quick loan
Chakhudza Loan
Do not stress! lets cover your insurance premiums with this exciting loan product
Group Loa
Strictly for business women empowerment
Your happiness is our priority
Management
Triza Magreta
General ManagerExperienced General Manager with a demonstrated history of working in the financial services industry.
Isaac Kaunjika
Finance ManagerIssac is a well qualified and accomplished accountant with many years experience.
Mercy Bisani-Kalepa
Member Service ManagerMercy is key in relationships with members and has been with Mudi Sacco since conception.
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Recent News
What we have been up to.
Mudi Sacco commemorates 25th anniversary with profit
Mudi Sacco has this year clocked 25 years and the anniversary celebrations will certainly be spiced with an announcement that members will this year share K14 million from a K17 million
SACCO WOMEN DO IT ALL, Triza Tsiga Magreta
As a female manager there are challenges I face during the course of discharging my duties. Firstly members look down on me with a presumption that I cannot perform as expected.
Mudi Sacco records K55.9 million surplus
One of the country’s Savings and Credit Corporation (Sacco), Mudi Sacco has registered a surplus of K55.9 million in the year ending December 31 from K40.6 million recorded in 2018.
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