Other Benefits include:
One is entitled for payment of dividends out of his/her back office and front office shares on the percentage that is declared at the closure of the Sacco’s financial year. The percentage rate keeps on changing with the prevailing economic status.
- Mobile Banking:
This is a convenient way of members to access their accounts any where any time. Members can access the following services: Cash withdrawal, inquire Balance, Deposit cash into their account, purchase Airtime, New PIN, get Mini-Statement, Stop ATM, Transfer of funds, inquire shares balance and payment, loan balance inquire and payment, get notification when the salary and loan have been credited into their account.
- Burial assistance:
Incase of demise of a member the family is assisted by the Society with funeral cash to organize for the burial.
Future products and services
- POS Terminals: These will create extra revenue to the Sacco as a result of signing for agency banking.