Company Information

Get to know Limlak Sacco & Insurance Agency

Originally registered in 1993 as Limuru A.I. Sacco to serve employees of the Central Artificial Insemination Station (C.A.I.S), the organization rebranded to Limlak Sacco Society in 2012 to open its membership to the general public. Its mission is to mobilize savings and provide affordable financial products and services to empower its members economically and socially. The Sacco offers a range of financial products, including standard Back Office Services Activity (BOSA) for savings and loans, as well as Front Office Services Activity (FOSA) which provides accessible, bank-like services. In addition to its core Sacco operations, it runs an insurance agency to provide further financial security to its members.

Industry

Financial BankingPRIMARY
Financial Other Service

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Limlak Sacco & Insurance Agency

Kenya

Founded in

2003 (23 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

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.