Page 20 - SACCO STAR ISSUE 43

WAKENYA PAMOJA SACCO

YOU, OUR CONCERN…

SAVINGS PRODUCTS 5. GROUP ACCOUNT LOAN PRODUCTS
Targets registered groups in rural and
1. ORDINARY ACCOUNT urban areas. Crop based/agricultural loans
Targets Co-operative societies, TSC staff, FEATURES Targets farmers of all kinds including
farmers with shareholding, civil servants, Affordable minimum opening and coffee and tea.
pentioners, KMFR, business people etc. operating balances FEATURES
FEATURES Competitive interest rates Proceeds must be processed trough
Minimal opening and operating balances. Affordable credit facilities the SACCO
Competitive interest rates Quick loan processing
No withdrawal limits 6. BIASHARA ACCOUNT Affordable interest rates
A/C operated using visa cards and Targets small and medium enterprises
m-banking and individuals with legal businesses. OKOA ADVANCE
FEATURES Targets coffee and tea farmers.
2. COOPERATE ACCOUNT Affordable minimum opening and FEATURES
Targets schools, churches, hospitals, operating balances Processed immediately
firms, other institutions and Competitive interest rates Short repayment period
organizations. No withdrawal limits At least two guarantors
FEATURES Affordable short and long term credit
Minimal opening and operating facilities COFFEE SOCIETY
balances. Targets societies whose members
Competitive interest rates 7. WAKENYA FOSA SAVINGS are paid through the
Affordable credit facilities e.g overdrafts Targets employees of varius institutions SACCO.
Must have registration certificate and firms. FEATURES
FEATURES Society minutes authorizing
3. WAKENYA AKIBA ACCOUNT No opening and operating balances borrowing Business plan on
Target customers who wish to fix their Fast salary processing purpose
deposits for a specific term. Competitive interest rates Quick processing
FEATURES Operated using visa cards
Attractive interest rates INSTITUTIONAL LOANS
Can fix as little as Ksh. 5,000 8. OKOA ACCOUNT Have very active savings account
No minimum opening and operating Targets small farmers with little income. Repayable within three months
balance FEATURES Quick processing to meet
Terms are 3, 6, 9 & 12 months No opening and operating balances emergencies
Used as collateral to secure loan Competitive interest rates
E BANKING SERVICES WAKENYA FOSA LOANS / ADVANCES
4. MWANANGU ACCOUNT M-pesa Targets institutional employees.
Targets savers below 18 years y parents ATM Visa cards FEATURES
/ guardians. Lipa na m-pesa Staff in an institution whose salary is
FEATURES POS (point of sale) processed by the SACCO.
Minimal opening and operating balances Institution ensures no diversion of
Attractive interest rate salary
Academic tours end year

LOCATION
Head Office
Physical Address: Kahawa House, Opp. Gudka Westend, along the Kisii-Sotik Rd overlooking Daraja Moja
Postal Address: P.O. Box 829 - 40200, Kisii| Tel: 058 30220,058 30221 | M : 0736 856060
Toll Free: 0800 720099| E : wpsacco@wakenyapamojasacco.com