Mwalimu sacco fosa loans. Wellington Otiende Mwalimu National P.
Mwalimu sacco fosa loans They have six branches across Nyanza. Chances are if you are a member of a Sacco probably you have heard practitioners in that space mention BOSA and FOSA players. Is it necessary for New members to share their Bank Account details when the Sacco has a FOSA? Not necessarily. The minimum loan for individual client is Kshs 501,000 and a maximum of Kshs 5,000,000. •Must be active i. Receiving loan application forms from registry office, maintaining records of members’ loan applications and approvals Gusii Mwalimu Sacco Society Ltd, Gusii Mwalimu Complex, 1st Floor, P. coop The loan must be self-guaranteed. Together Are you a senior member approaching retirement? It's time to begin planning for your dignified retirement with us! Visit MNDTS today and get Gusii Mwalimu SACCO Society is a member owned and controlled Savings and Credit Society. Mwalimu Sacco Membership: Primary school teachers, secondary school teachers, lecturers, members from the TSC secretariat, and the spouses and children of members in informal employment. 06 billion. Deposit-Taking SACCOs (DT SACCOs) : Also known as Title Mwalimu instant credit application Author Grace Created Date 10/14/2015 6:38:58 AM Counter-checking loan approvals and booking the same on relevant documents. coop Solution SACCO (SSL) was split from Meru Mwalimu SACCO in 1993. In addition to this, fulfill the following: The loan(s) must be guaranteed by 2-4 Guarantors, depending on the type of loan applied. 2. Members’ personal Loan clearance – The FOSA clears members personal Loans in order to take Who is eligible to join Mwalimu National Sacco Ltd as a member? Anyone from the following categories can join the Society: TSC secretariat, TSC secondary school teachers, TSC lecturers, TSC primary school teachers (Diploma or Degree graduates), members’ spouses and children in formal employment, Ministry of Education staff, Mwalimu National Sacco and its subsidiaries’ Mwalimu National Sacco is among the most popular Saccos in Kenya. Completed Head Office: Mwalimu Towers, Hill Lane, Off - Mara Road, Upperhill. Box 62641, City Square, Kenya Tel: +254 020 2956000 Cell: +254 709 898000 Website: www. Follow the steps below: Just get the loan application form, duly fill it and attach a copy of your National ID. , has no defaulted loan. Box 62641 - 00200 Nairobi, Kenya. coop This article seeks to give a detailed information about Mwalimu National SACCO, one of the inarguably largest saccos for teachers in Kenya. In this article, we will discuss each of these products Head Office: Mwalimu Towers, Hill Lane, Off - Mara Road, Upperhill. Useful Links The department is responsible for the delivery and implementation of the human resource policies and programmes including carrying out the planning, study, training and implementation of personnel affairs, labour safety and health affairs. coop Dividends and interest were credited to respective members Mwalimu National FOSA accounts on 23rd February, 2019. 1. In Kenya, SACCOs are categorized primarily into two main types: Deposit-Taking SACCOs (DT SACCOs) and Non-Deposit-Taking SACCOs (BOSA SACCOs). coop The Sacco gives all-inclusive services like FOSA, salary advances, loans or savings to members in Kenya and even those beyond the borders. The items consist of: Karibu loan Newly employed teachers and Members’ personal Loan clearance – The FOSA clears members personal Loans in order to take another new personal Loan. 47 billion. Mwalimu National seeks to enable the TEACHERS access affordable financial services. coop HOW TO APPLY FOR LOANS THROUGH MOBILE PHONES To improve Mwalimu National SACCO members' access to financial services and products, the SACCO is pleased to notify members that the interest rate for their M-Loan product has been revised to 4% per month. Box 1335-40200, Kisii- Kenya, Tel: 058 – 2030357, Fax: 058 Head Office: Mwalimu Towers, Hill Lane, Off - Mara Road, Upperhill. It is the largest deposit-taking Saccos in Kenya with an asset base of 64. Features: Individual loans Must be an active member for at least 3 months 3 times of your shares Repayment period is 36 months Group Lending Solution SACCO (SSL) was split from Meru Mwalimu SACCO in 1993. Loans- Loan Application List and Loan Calculator Customer Relations Reports- The following statements can be viewed: FOSA Statement Guarantors Mwalimu National Sacco offers loans to its members where the member can utilize other forms of collateral besides guarantors. 1 One must be an active member of the Back Office Service Activity (BOSA) whose salary/S. coop Product will be 70% of the existing shares paid at a rate of 10% from 5 years. To qualify, one must maintain direct deposit of his/her pay/ retirement/pension, including social security and retirement cheques, into a Mwalimu FOSA salary or savings account (ECB account). A. This product is available to members whose salaries are Mwalimu National Society Who is Eligible for a Loan at Mwalimu National Sacco •Must be a member of the Sacco. The loans are classified into 2 Main types :FOSA loans & Those of us that save with you not salaried but have small biasharas here and there hatuwezi pewa loan? cPÿ EEë‡DT“~ h¤,œ¿?B†¹ÿ÷mÚ O~¾îÜœNB+y ³˜’† ’Ðf›@fãð8²um lËO !Kùó×úþ[ ¾Îhu©= ž –P·gï¯yû hžH ZúYü´_e>€. The Society started with a membership of 690 and has since grown to 63,450 members. coop The Chief Executive Officer Gusii Mwalimu Sacco Society Ltd, Gusii Mwalimu Complex, 1st Floor, P. P. e. Box 62641 00200 Nairobi Kenya Tel: +254 020 295 6000 Mobile: +254 709 898 000 SMS Number: 20156Email: mwalimu@mwalimunational. Counter signing cheques. coop Mwalimu Sacco' s mission is to mobilize savings and provide competitive financial services that will economically transform the lives of its members. •Must be a member in good standing i. This means [] we are currently on two mobile banking platforms. I AUTHORIZE THE NECESSARY DEDUCTIONS INCLUDING 0. coop Mwalimu National Sacco offers loans to its members where the member can utilize other forms of collateral besides guarantors. coop COMPANY PROFILE 2016 GUSII MWALIMU SACCO SOCIETY LIMITED MWALIMU HOUSE, 1ST FLOOR, P. Completed Mwalimu National is the largest African Sacco with a membership drawn from teachers all over Kenya. • Open and maintain Sacco FOSA account. In case of more than one nominee, the percentage allocation for each The Society is run by a team of FOURTEEN (14) Directors who form the Board of Directors headed by the Chairman with ELEVEN (11) directors in Administrations and other sub committees and Three (3) in Supervisory committee. Gusii Mwalimu Sacco – Your Path to Financial Stability! At Gusii Mwalimu Sacco, we pride ourselves on offering our members high annual earnings and affordable loans, empowering them to grow economically. The Chief Executive Officer Gusii Mwalimu Sacco Society Ltd, If you are a TSC teacher and you are looking forward to applying for a loan from Mwalimu National Sacco, then here is all that you need to know. Log into the TSC Pay-slip portal and send your payslip online to Mwalimu national. coop BENEFITS OF A FOSA ACCOUNT Free account opening No ledger fees /monthly charges Affordable charges Quicker or faster loan processing Faster payment of dividends, Burial Benevolent fund & Risk Claims Bridging/Loan Top up facility available A Mwalimu Debit card – Credit facilities/Advances Mobile banking Internal and external standing orders Early salary Gusii Mwalimu Sacco is headquartered on the first floor of Gusii Mwalimu Sacco Complex in Kisii Town. Useful Links Head Office: Mwalimu Towers, Hill Lane, Off - Mara Road, Upperhill. Among the products and services that Mwalimu Sacco offers are FOSA accounts, loans, and advances. The latter was formed in 1976 as a cooperative for Examining whether the loans are properly attached for principal amount and interest. BBF (Burial Benevolent Fund) contribution of Kshs. The Chief Executive Officer Gusii Have you registered for MwalimuHela? If not, download the application form here and register. Shaping Tomorrow. Tel: (0)20 295 6000 /+254 709 898 000 SMS only: 20156 E-Mail: mwalimu@mwalimunational. Useful Links Offers FOSA services since 2003. Pesa plus/ ussd code *686# This is our short code platform where by you can: withdraw your money to mpesa Solution SACCO (SSL) was split from Meru Mwalimu SACCO in 1993. The loans include Wezesha Loan,FOSA loan,and Business loans. Teresa Mutegi (HSC) Mr. coop Are you a member of Mwalimu National Sacco and you need a loan. Box 1335-40200, Kisii- Kenya, Tel: 058 – 2030357, Fax: 058 FOSA loans (12months, 24 months, 30 months, 36 months, 48 months and 60 months). coop Today, we strive to detail the various types of loan products provided by Mwalimu National SACCO. Asset finance. Eligibility for a loan is after 6 months of membership with regular contributions. mwalimusacco. For example if at the time of application, the existing interest on Solution SACCO (SSL) was split from Meru Mwalimu SACCO in 1993. Box 1335-40200, Kisii- Kenya, Tel: 058 – 2030357, Fax: 058 We would be delighted to answer any inquiry you might have about your our services, just use the form below to send us feedback or choose one of the alternative methods of communication available. Who is eligible to join Mwalimu National Sacco Ltd as a member? Anyone from the following categories can join the Society: TSC secretariat, TSC secondary school teachers, TSC lecturers, TSC primary school teachers (Diploma or Degree graduates), members’ spouses and children in formal employment, Ministry of Education staff, Mwalimu National Sacco and its subsidiaries’ Members’ personal Loan clearance – The FOSA clears members personal Loans in order to take another new personal Loan. • Must be a member in good standing i. This product is available to members whose salaries are Solution SACCO (SSL) was split from Meru Mwalimu SACCO in 1993. Its products and services include BOSA loan products, FOSA products, business loans, welfare loans, and more. Over the years, Mwalimu Sacco has provided its members with a variety of financial services, including Mwalimu Sacco is a financial institution that offers various financial products and services to its members. Address: P. Box 1335-40200, Kisii- Kenya, Tel: 058 – 2030357, Fax: 058 In line with improving Mwalimu SACCO’s provision of financial services and products, the SACCO is pleased to inform members that the interest rate for their M-loan product has been revised to 4% per month. Mwalimu National seeks to enable the TEACHERS access Clients with well established businesses, can access business loans directly without group requirements. NEW CHANGES IN MWALIMU SACCO BUSINESS LOANS Here is the latest Communique from Mwalimu National SACCO management on new changes in their Business Loans; ‘This is to inform you that Mwalimu National Sacco Board Vide MIN/BOD/109/2019 effected the following changes on our Business loan products in line with improving financial services and financial Head Office: Mwalimu Towers, Hill Lane, Off - Mara Road, Upperhill. Box 1335-40200, Kisii- Kenya, Tel: 058 . Box 1335-40200 Head Office: Mwalimu Towers, Hill Lane, Off - Mara Road, Upperhill. Stima SACCO Founded in 1974, Stima COMPANY PROFILE Mwalimu National Mwalimu Co-operative House, Tom Mboya Street P. It offers a variety of financial services including In line with improving Mwalimu SACCO’s provision of financial services and products, the SACCO is pleased to inform members that the interest rate for their M-loan product has been revised to 4% per month. Box 1335-40200, Kisii- Kenya, Tel: 058 – 2030357 . 76 billion 12) Gusii mwalimu SACCO Gusii Mwalimu SACCO serves the financial needs of teachers in the Gusii region and beyond. While BOSA focuses on providing financial support through loans and interest accrual, FOSA, or Front Office Services Activities, functions as the banking arm of the SACCO. It offers a introduced a number of new products and services such as instant FOSA loans repayable between four to twenty four months, customer care desk MWALIMU NATIONAL DT SACCO | 811 followers on LinkedIn. coop FOSA Head Office: Mwalimu Towers, Hill Lane, Off - Mara Road, Upperhill. The members’ portal features includes: Checking member account statements (FOSA/BOAS) Loan Applications Loans Guaranteed Fixed Depost Loan statement or status details Dividend statements Guarantor statement Details Amount of Loan Savings in the FOSA account can be used as loan security Interest on FOSA savings 10. Read more details on; Mwalimu National SACCO Loans, Branches, Contacts, Forms, Mobile services, How to join, Website and Portal login To get the new Mwalimu Go Mwalimu National Mwalimu Towers, Hill Lane off Mara Road – Upper Hill. Auditing the bank reconciliation statements. · Experience: Mwalimu National Sacco · Education: Strathmore Business School (SBS) · Location: Nairobi County · 500+ connections on LinkedIn. Y. The Financial Statements were signed on behalf of the Board of Directors By: Mrs. To become a member of the SACCO is easy and the requirements are quite flexible. The members’ portal features includes: Checking member account statements (FOSA/BOAS) Loan Applications Loans Guaranteed Fixed Depost Loan statement or status details Dividend statements Guarantor statement Details Amount of Loan Head Office: Mwalimu Towers, Hill Lane, Off - Mara Road, Upperhill. Mwalimu SACCO is composed of mainly teachers and tutors at tertiary institutions. Has over 100 branches countrywide. Wellington Otiende Mwalimu National P. Loan must be fully guaranteed. Location and Branches Mwalimu National moved from DEVELPOMENT HOUSE to TOM MBOYA in Benefits of joining Mwalimu SACCO Offers competitive loans. Unlike ALL other products, WEZESHA (to enable) is the ONLY product that a member does not Mwalimu National Sacco offers loans to its members where the member can utilize other forms of collateral besides guarantors. Gusii Mwalimu Sacco Society Ltd, Gusii Mwalimu Complex, 1st Floor, P. 2,000 in the interim. coop Mwalimu National SACCO (MNS) is one of the largest Co-operative society not only in Kenya, but also the East African Region. Well. Has premium banking services. Box 62641 00200 Nairobi, Kenya Tel: +254 020 295 6000 Mobile: +254 709 898 000 SMS Number: 20156 Email: mwalimu@mwalimunational. We maintain moderate interest rates on Gusii Mwalimu SACCO Society is a member owned and controlled Savings and Credit Society. 100 Have you registered for MwalimuHela? If not, download the application form here and register. BOSA LOAN PRODUCTS (1) Wezesha Loan 1. Fixed deposit accounts – where member with funds that have no immediate use are deposited in a fixed deposit account where safety is guaranteed and then they attract a reasonable rate of return. Find detailed information about Mwalimu National SACCO’s Pay bill numbers for Mwalimu National Sacco FOSA loans Products from Front Office Services Activities (FOSA) are designed to suit all the needs of teachers by offering inexpensive and necessary banking services. FOSA Loans (12 months, 24 months, 30 months, 36 months, 48 months and 60 months) Given to members of whose salary or pension is channeled through Fosa account for the entire Mwalimu Nationa SACCO loans and how to apply: Check off, Salary loans You may at one moment require a loan in order to invest, boost your business, educate your self or children and even to enable take a trip/ vacation. •With a source Gusii Mwalimu Sacco is one of Kenya’s leading deposit-taking Saccos, having provided financial solutions to its members for over four decades. coop One must be an active member of the Society for at least six months and channel his/her salaries through Gusii Mwalimu FOSA (for FOSA Products). The Chief Executive Officer Gusii Mwalimu Sacco Society Ltd, Gusii Mwalimu Head Office: Mwalimu Towers, Hill Lane, Off - Mara Road, Upperhill. coop FOSA ACCOUNT OPENING FORM A. All Sacco employees are professionals in various disciplines. Box 1335-40200, Kisii- Kenya, Tel: 058 – 2030357, Fax: 058 Mwalimu National Sacco offers loans to its members where the member can utilize other forms of collateral besides guarantors. What do these terms really mean and what distinguishes them? First things [] The Sacco gives its members BOSA Services in the form of Welfare service WELFARE SERVICES Burial Benevolent Fund-BBF Used to accord members and their immediate families a decent burial Monthly contribution is ksh. Box 1335-40200, Kisii- Kenya, Tel: 058 – 2030357, Fax: 058 . 3. (It can be accessed through mobile banking platform- USSD. Pays very competitive dividends to members. coop Have you registered for MwalimuHela? If not, download the application form here and register. Mwalimu National Sacco FOSA loans Products from Front Office Services Activities (FOSA) are designed to suit all the needs of teachers by offering inexpensive and necessary There are three types of loans offered by Mwalimu Sacco. Services brought right at the comfort of your home and offices. m Ensuring that all branch Bosa/Fosa cashier daily reports are done in duplicate and a copy sent to the head office as a backup copy. It is also the largest Sacco in Africa, with its membership primarily drawn from teachers across the country. The latter was formed in 1976 as Solution SACCO (SSL) was split from Meru Mwalimu SACCO in 1993. 2 KB The Sacco launched members’ portal platform, a service that Members can use to access their statements online. coop 1. Who is Approved loans shall be paid through the FOSA account. Currently, the Sacco has over 40,000 members, 8 branches and an asset base of 13. The Chief FOSA Services BOSA Products BOSA Services Governance & Management Board of Directors Management Staff Head of Departments Supervisory Committee Have you registered for MwalimuHela? If not, download the application form here and register. Box 1335-40200, Kisii- Kenya, Tel: 058 – 2030357, Fax: 058 – 2031021, . Together | Shaping Tomorrow. All SACCO transactions and payments to Boresha Sacco – Contacts, Mobile Banking, portal, Loans, Online Banking, Paybill Number: Boresha Society Ltd is a Financial Institution licensed for Deposit-Taking business by Sacco Societies Regulatory Authority (SASRA). FOSA Products (i). Golden product It is meant to provide a safe gap for you on retirement, between Head Office: Mwalimu Towers, Hill Lane, Off – Mara Road, Upperhill. Members can qualify for all the above loan products at any given time provided that TOTAL OUTSTANDING LOANS SHALL NOT EXCEED FIVE TIMES A MEMBER’S 3. 52 billion Total Income: Kshs. Head Office: Mwalimu Towers, Hill Lane, Off - Mara Road, Upperhill. Established in 1977 and officially beginning operations in 1979, the Sacco has Head Office: Mwalimu Towers, Hill Lane, Off - Mara Road, Upperhill. You need to know that the Back Office Services Activities (BOSA) is a department in Mwalimu National which offers various loan products against Minimum monthly share contribution applicable after loan approval is a percentage of the loan depending on one’s deposit balance as follows: N/B: The above prorata factors have been suspended effective 1st September, 2022 to 31st December, 2022 for ONLY new major loan applications with a minimum monthly deposit contribution of KShs. . BOX 1335, TEL: 058-30357; APPLICATION FORM FOR ADVANCE-FOSA FOUR (4) MONTHS ©Gusii Mwalimu Sacco Society Limited Save Regularly The Kenya Police SACCO Limited is one of the oldest SACCOs in the Country. coop Head Office: Mwalimu Towers, Hill Lane, Off - Mara Road, Upperhill. Gusii Mwalimu Sacco Contacts Gusii Mwalimu Sacco Mobile Banking The Sacco has Mobile baking services to add to a pool of the already existing alternative banking channels Members can access money from his/her FOSA account from anywhere anytime! Simply Dial *879# from your mobile LOANS &CREDIT NewFortis Sacco offers different loan products to suit the needs of our members. coop Website: www. +254 721 270944 mwalimu@mwalimunationalsacco. View Joseph Riro’s profile on LinkedIn, a professional community of 1 billion members. Solution SACCO (SSL) was split from Meru Mwalimu SACCO in 1993. Box 1335-40200, Kisii- Kenya, Tel: 058 E-mail . Mwalimu National Sacco, established in 1974, is the largest deposit-taking Sacco in Kenya, with an asset base of Ksh 64. Completed The Chief Executive Officer Gusii Mwalimu Sacco Society Ltd, Gusii Mwalimu Complex, 1st Floor, P. Mwalimu Go Mobile App Mwalimu FOSA transactions are just a hand-set away! You can do your transactions using Mwalimu Go Mobile. Box 1335-40200 Mwalimu National Mwalimu Towers, Hill Lane off Mara Road – Upper Hill. Development Loans Given up to 5 times a member’s shares (subject to 1/3 of basic salary rule) Repayable in between 12 -to- 108 months The Chief Executive Officer Gusii Mwalimu Sacco Society Ltd, Gusii Mwalimu Complex, 1st Floor, P. MEMBERSHIP Mwalimu National Sacco offers a range of financial products and services, including FOSA account, savings accounts, loans, insurance, and investments. You can use property or a motor vehicle instead of guarantors to access a loan from the Sacco. Useful Links Counter-checking loan approvals and booking the same on relevant documents. The latter was formed in 1976 as a cooperative By Joseph Macharia Savings and credit co-operative societies (Saccos) are emerging as the most preferred savings vehicles for most Kenyans. coop Purpose Head Office: Mwalimu Towers, Hill Lane, Off - Mara Road, Upperhill. coop www. To apply for a TSC loan, you must be having a basic salary that is more than a third of your monthly basic pay. O. 2 The credit must be Salary, pensions and produce payment – The FOSA affords members a pay point for their salaries, pension and agricultural produce. Box 1335-40200, Kisii- Head Office: Mwalimu Towers, Hill Lane, Off - Mara Road, Upperhill. It offers members a chance to save money, earn dividends, get loans and earn dividends. It offers a introduced a number of new products and services such as instant FOSA loans repayable between four to twenty four months, customer care desk Giant Mwalimu National SACCO has now moved to expand members' borrowing ability by allowing them to use the government tax relief funds. O. 200/= for members within the common bond Member’s share capital is Kshs. Box 1335-40200, Kisii- Kenya, Tel: 058 – 2030357, Fax: 058 – 2031021, MWALIMU SPECIAL LOAN AND THE INTEREST. It is among the top-performing The Chief Executive Officer Gusii Mwalimu Sacco Society Ltd, Gusii Mwalimu Complex, 1st Floor, P. Terms Individual loans are offered at an interest rate of 1. mwalimunational. , having saved consistently for the last 6 months. Institutional advance- 4 months advance. Box 1335-40200, Kisii- Kenya, Tel: 058 – 2030357, Fax: 058 Ensuring that all branch Bosa/Fosa cashier daily reports are done in duplicate and a copy sent to the head office as a backup copy. BOSA LOAN PRODUCTS (1) Wezesha Loan Wezesha (to enable) loan is a product where members with the ability to pay/service a loan but have not saved enough [] Once ready, you can now apply for your loan from Mwalimu National Sacco. and send your payslip online to Mwalimu national. As a leading financial cooperative, we excel in managing the complexity of our members’ financial choices. Clients with well established businesses, can access business loans directly without group requirements. coop Mwalimu Sacco was established in 1974. The Chief Executive Officer MANAGEMENT STAFF The society is currently manned by 60 permanent employees headed by the Chief Executive Officer. Below are details about the sacco: Who is eligible to join One must be an active member of the Society for at least six months and channel his/her salaries through Gusii Mwalimu FOSA (for FOSA Products). These branches offer Front Office Savings Activities (FOSA) services such as Have you registered for MwalimuHela? If not, download the application form here and register. 9. Benson Milai Mr. Have you registered for MwalimuHela? If not, download the application form here and register. The latter was formed in 1976 as a cooperative for teachers within the greater Meru District. 20,000/= FOSA LOAN FORM Mavuno Loan (For retirees) - Repayment period is 12 months Hekima Loan (For retirees) - Repayment period is 6 Faridi Sacco Society Limited was formed to promote thrift amongst its customers by affording them an opportunity for Gross Loans: Kshs. Useful Links If you are a Mwalimu National member then you can log into the mwalimu sacco members portal and enjoy the following: Personal details- These includes total deposits, total loan repayments and total shares. Back Office Services Activities (BOSA) is a department in Mwalimu National which offers various loan products against members' deposits. Æ iœ¤ –a¡ð€Ô{U%šÄPpVtïŒè Ñ »üªêUýæ ^¤^‚Þ (³Ð;!T ¬Î¨ßwìNÆ ÊÄ Pgu Cµ Ûo Q“Æd S» ǀؒ å8 ÏŽ¾n\UŽ^uà ©æOóˆRÏ~‰·ª APPLICATION FOR MEMBERSHIP DOWNLOAD HERE!! The Chief Executive Officer Gusii Mwalimu Sacco Society Ltd, Gusii Mwalimu Complex, 1st Floor, P. E/Pension is passing through his/ her FOSA Account. Box 62641 00200, Mwalimu National Sacco Society Ltd v Commissioner of Legal Services and Board Coordination (Tax Appeal E194 of 2024) [2024] KETAT 1013 (KLR) (12 July 2024) (Judgment) Download PDF (151. Mwalimu National Sacco Contacts Mwalimu National Towers Upperhill- Hill Lane, off Mara Road P. The SACCO enjoys membership from all parts of the country. Breaking News New KCSE 2024 Grading System Announced by Knec (Video Guide) Joy as TSC set to identity 354,234 School Fees Loan with Flexible repayment terms Finance your children's Education without a hassle Our Services Contact Us Today Gusii Mwalimu Sacco Society Ltd, Gusii Mwalimu Complex, 1st Floor, P. The Sacco has about 20 branches; countrywide. E-loan- 1 month loan. The Sacco launched members’ portal platform, a service that Members can use to access their statements online. 625% INTEREST PER MONTH ON FLAT RATE TO BE MADE FROM MY SALARY AS REPAYMENT FOR THIS LOAN. The SACCO has a variety of loan products, including emergency loans, school fees loans, development loans, and microloans, all of which are designed to meet the different financial needs of its members. Unlike BOSA, FOSA offers transactional accounts that allow members to access their funds while still being active members of the SACCO. FOSA Loans (12 months, 24 months, 30 months, 36 months, 48 months and 60 months) Payable up to a maximum of 30 months: Gusii Mwalimu Sacco Society Ltd, Gusii Mwalimu Complex, 1st Floor, P. m Members’ personal Loan clearance – The FOSA clears members personal Loans in order to take another new personal Loan. Fixed deposit accounts – where member with funds that have no immediate use are deposited in a fixed 3. The Society is run by a team of FOURTEEN (14) Directors who form the Board of Directors headed by the Chairman with ELEVEN (11) directors in Administrations and other sub committees and Three (3) in Supervisory committee. Box 62641 - 00200, Nairobi, Kenya Tel +254 020 29560000 Cell +254 709 898000 SMS No. The Chief Executive Officer Gusii Mwalimu Sacco Society Ltd, Gusii Mwalimu Complex, 1st Floor, P. Members enjoy a wide range [] ONLINE LOAN APPLICATION Contact Us Menu Loan Application Forms ICYEMEZO CY'UMWISHINGIZI (unknown, 3,247 hits) SALARY ADVANCE APPLICATION FORM (unknown, 4,780 hits) Last Expense Benefit (Paid in addition to Sacco’s BBF benefits) Members are requested to confirm and update their nominees with the Sacco to avoid legal tussles. The SACCO was registered on 20th November 1972 and was issued with a registration certificate number CS/2092. If you intend to join a SACCO, then Mwalimu National is the preferred option. This service is available for members whose salary is paid through FOSA and those with There are three types of loans offered by Mwalimu Sacco. 25% p. Each loan has its own benefits and targeted groups. dhhass ycmtnt lone zsnit qqee ujqe vsowwo ehfps ctmq ovxq