MOMBO - A digital Sacco

Features MOMBO - A digital Sacco

Mombo Sacco, Kenyas award-winning digital savings and credit cooperative, welcomes you.
Our goal is to make saving easy, fun, and profitable for members.
Mombo Sacco enables you to reach your financial goals with distinctive benefits.Why should you save with us?1.
Convenience Mombo Sacco allows mobile account opening in under 10 minutes.
Our simple app lets you save money right now.2.
Transparency Mobile devices allow access to account information and terms and conditions.
We believe in transparency and will show you your savings.3.
Competitive Profit RatesMombo Sacco offers the best-fixed savings returns.
Attractive profit rates let your money grow faster.4.
FlexibilitySelect a savings account that fits your financial situation and ambitions.
Beginner or experienced investor, we have an account for you.5.
InsuranceKenyas biggest insurer protects Mombo Sacco savings 100%.
Your money is safe, giving you peace of mind.6.
Financial LiteracyFinancial education resources are available through our Mombo app.
Stadi, our AI assistant, can help you make smart financial decisions.7.
Reasonable Loan OptionsAs a member of Mombo Sacco, you have access to affordable loan options.
Receive 50% interest discounts for each loan installment settled early.
It is all about securing a financially stable future through savings.Flexible Saving AccountsMembers can pick from five flexible savings accounts.
Each account allows regular savings based on aptitude and financial goals.
These accounts earn a decent monthly interest that can be withdrawn annually.Members also get reasonable loans and free savings protection from Britam Insurance.
Members can only have one account at a time.• Bronze: Minimum monthly savings of Ksh 500, 4% annual profit.• Silver: Minimum monthly savings of Ksh 2,500, annual profit rate of 4.5%.• Gold: Minimum monthly savings of Ksh 5,000 and annual 5% profit rate.• Platinum: Minimum monthly savings of Ksh 10,000, 6% annual profit.• Emerald: Minimum monthly savings of Ksh 30,000, 8% annual profit rate.Corporate/Chama/Group Saving accounts Corporates, Chamas, and groups can open five Mombo Sacco group savings accounts.These accounts offer consistent savings, substantial monthly returns, and development loan capabilities.
The monthly returns can be withdrawn annually.
Members can only have one account at a time.Stawi: Minimum monthly savings of Ksh 10,000 with 4% annual earnings.Shaba: Minimum monthly savings of Ksh 30,000, 6% annual earnings.Fedha: Minimum monthly savings of Ksh 50,000 with 7% annual profit.Dhahabu: Minimum monthly savings of Ksh 100,000 with 8% annual profit.Sumaridi: Minimum monthly savings of Ksh 300,000 with 9% annual earnings.Goal Savings AccountsIndividual and group Mombo Sacco members can use Goal Savings Accounts.
These accounts offer good rewards and allow fixed-term savings.
Sprint and Marathon Goal Accounts help you reach your financial goals quickly and resiliently.
Profits are given every three months.Benefits: Goal-based Savings: Members can set and track progress towards variousobjectives within their main goal account. Easy Fund Transfer: Members can transfer funds between goal accounts without affecting the primary balance, allowing them flexibility and control over savings. Sprint Goal Account offers a competitive interest rate of 6%, allowing customers to make returns on short-term savings.
The Marathon Goal Account maximizes growth with a 10% long-term savings interest rate. The Short-Term Goal Account offers flexible redemption within 48 hours forimmediate access to funds.
Long-Term Goal Accounts encourage disciplined savings and higher returns by locking assets for a set term. Personalised Financial Planning: Set savings goals, track progress, and receive coaching to achieve goals.
Join Mombo Sacco today for easy, profitable, and secure savings.
Start your financial freedom path with a reliable cooperative society that prioritizes you.