Afya Sacco was registered on 8th May 1971 by 20 promoters; also called founders. Since that time, the membership of Afya Sacco has grown in leaps and bound over the past 40 years and it currently has over 38,000 active members. How To Join Afya Sacco To join the Sacco, one needs to fill a…
M-pesa agents in Kenya are the lowest in ranking in the M-pesa pyramid structure. The agents are the people you will find in the kibanda and mama mboga in the neighborhood. The structure works such that to get into the Safaricom agency business, you need a super agent who will give you the M-pesa like…
M-pesa is a digital currency account just like a bank account. It involves movement of cash in and out of the digital wallet. Just like with bank account, you need an M-pesa statement to help you in planning and tracing your funds movement. Safaricom, the operators of M-pesa, do not give out the statement automatically,…
First Community Bank is a Sharia compliant bank that was licensed by the central bank of Kenya in 2007. The banks targets Muslim clientele in the country though it is also open to people of other faiths but the sharia banking rules will apply to everyone. The bank has made strides in mobile banking integrating…
SACCO is an abbreviation for Savings and Credit Co-Operative Society. It’s a member-based financial institution which operates on co-operative values, identity, and principles which includes social responsibility, openness, honesty, and caring for each other. Saccos are owned by members and not investors like in banks and micro finance institutions. The main drive for Saccos is…
Kenya Bankers Sacco was formed in February 1975 as a Savings and Credit Cooperative Society. The society was formed mainly to provide affordable financial services to its members and customers for wealth creation through deposit mobilization and prudent management. Originally membership was drawn from the banking sector but the Sacco has since opened up membership…
KashWay loan app offers loans to Kenyans who have smart phones that can download and install the KashWay app from google play stay. KashWay app offers loans up to Kes50,000 at low interest rates in the most convenient and secure way. The loan application process is completely digital and hassle-free, and can be completed with…
Kopa Kash is amobile phone based loan app operating in Kenya. Kopa Kash offers instant loan credits directly to your account or M-PESA account or other given account details. It is fast and reliable way to get cash for quick fixes. Kopa Kash Loan Terms The Kopa Kash loan has a commitment fee of between…
FaKash is one of the mobile loan apps provider in Kenya. The loan is offered directly to the mobile phone through M-pesa FaKash Loan details Loan amount range between KSh1,000 – KSh100,000 Loan repayment period ranges between 90 days – 365 days The Maximum loan you can have at one point is Ksh100,000 Who can…
Spire Bank was Equatorial bank before the giant teachers Sacco Mwalimu Sacco bought the bank. The bank has been in the red for the past few years, eroding its core capital and the CBK ratios being below the minimum. The bank remains liquid and is operating normally with mobile banking services being offered. How To…
