MOMBO- A Digital SACCO

Mombo Sacco, Kenya's 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 Rates
Mombo Sacco offers the best-fixed savings returns. Attractive profit rates let your money
grow faster.
4. Flexibility
Select a savings account that fits your financial situation and ambitions. Beginner or
experienced investor, we have an account for you.
5. Insurance
Kenya's biggest insurer protects Mombo Sacco savings 100%. Your money is safe, giving
you peace of mind.
6. Financial Literacy
Financial education resources are available through our Mombo app. Stadi, our AI assistant,
can help you make smart financial decisions.
7. Reasonable Loan Options
As 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 Accounts
Members 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can be withdrawn annually.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 The monthly returns can be withdrawn annually.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 Accounts
Individual 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 various
objectives 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 for
immediate 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.