Mwalimu sacco fosa loans 1 One must be an active member of the Back Office Service Activity (BOSA) whose salary/S. Box 1335-40200, Kisii- Kenya, Tel: 058 – 2030357, Fax: 058 – 2031021, The Chief Executive Officer Gusii Mwalimu Sacco Society Ltd, Gusii Mwalimu Complex, 1st Floor, P. These are members who are leaving Mwalimu National Sacco offers loans to its members where the member can utilize other forms of collateral besides guarantors. Known for offering a range of financial products 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 62641 00200 Nairobi, Kenya Tel: +254 020 295 6000 Mobile: +254 709 898 000 SMS Number: 20156 Email: mwalimu@mwalimunational. Menu. Mwalimu FOSA transactions are just a hand-set away! You can do your transactions using Mwalimu Go Mobile. 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 Salary, pensions and produce payment – The FOSA affords members a pay point for their salaries, pension and agricultural produce. In this article, we will discuss each of these products Benefits of joining Mwalimu SACCO Offers competitive loans. Tel: (0)20 295 6000 /+254 709 898 000 SMS only: 20156 E-Mail: mwalimu@mwalimunational. mwalimunational. ← BOSA LOAN APPLICATION FORM. Our repayment period is between 3-36 months depending on the amount borrowed. coop www. Peter Somba Musya P. mwalimusacco. Has over 100 branches countrywide. coop Mwalimu Sacco is a financial institution that offers various financial products and services to its members. 2. It offers members a chance to save money, earn dividends, get loans and earn dividends. coop FOSA ACCOUNT OPENING FORM A. 06 billion. Completed Gusii Mwalimu Sacco is one of Kenya’s leading deposit-taking Saccos, having provided financial solutions to its members for over four decades. In addition to this, fulfill the following: The loan(s) must be guaranteed by 2-4 Guarantors, depending on the type of loan applied. Useful Links . go. Box 1335-40200, Kisii- Kenya, Tel: 058 – 2030357, Fax: 058 – 2031021, . Community support: SACCOs foster a sense of community and mutual support among members. Mwalimu National seeks to enable the TEACHERS access affordable financial services. It is the largest deposit-taking Saccos in Kenya with an asset base of 64. Patronize this service today! See poster for details. 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). Stima SACCO Founded in 1974, Stima SACCO offers a variety of financial services to Kenyans across various sectors. •Must be active i. Each loan has its own benefits and targeted groups. Once ready, you can now apply for your loan from Mwalimu National Sacco. and send your payslip online to Mwalimu national. Currently, the Sacco has over 40,000 members, 8 branches and an asset base of 13. Unlike BOSA, FOSA offers transactional accounts that allow members to access their funds while still being active members of the SACCO. Box 1335-40200, Kisii- Kenya, Tel: 058 – 2030357, Fax: 058 Clients with well established businesses, can access business loans directly without group requirements. Box 1335-40200, Kisii- Kenya, Tel: 058 – 2030357, Fax: 058 Head Office: Mwalimu Towers, Hill Lane, Off - Mara Road, Upperhill. coop 1. Financial education: Many SACCOs offer training and financial literacy programs. Mwalimu Sacco FOSA Accounts, Loans, Advances. 4. You can use property or a motor vehicle instead of guarantors to access a loan from the Sacco. coop the use of Sacco-link card or to refuse request for authorization of any Sacco-link card transaction at any time and without prior notice. coop Head Office: Mwalimu Towers, Hill Lane, Off – Mara Road, Upperhill. 85 billion. Members’ personal Loan clearance – The FOSA clears members personal Loans in order to take another new personal Loan. Box 62641 00200 Nairobi Kenya Tel: +254 020 295 6000 Mobile: +254 709 898 000 SMS Number: 20156Email: mwalimu@mwalimunational. Completed Mwalimu National Sacco, established in 1974, is the largest deposit-taking Sacco in Kenya, with an asset base of Ksh 64. O. 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. , having saved consistently for the last 6 months. Box 1335-40200, Kisii- Kenya, Tel: 058 – 2030357, Fax: 058 – 2031021, FOSA LOANS. 01120061487800 and press OK MWALIMU SACCO 1984 MWALIMU NATIONAL 2016 “ Mwalimu National moved from DEVELPOMENT HOUSE to TOM MBOYA in 1984. coop Head Office: Mwalimu Towers, Hill Lane, Off - Mara Road, Upperhill. Leave a Reply Cancel reply. Log into the TSC Pay-slip portal and send your payslip online to Mwalimu national. coop Mwalimu National P. Box 1335-40200, Kisii- Kenya, Tel: 058 E-mail . The SACCO enjoys membership from all parts of the country. P. New KCSE 2024 Grading System Announced by Knec (Video Guide) Joy as TSC set to identity 354,234 teachers for overseas employment; Senior Fosa Officer at Mwalimu National Sacco Head Quaters See all employees Updates MWALIMU NATIONAL DT SACCO 810 followers Our commercial loans buyoff service is on up to the 31st of December 2024. Gusii Mwalimu Sacco Society Ltd, Gusii Mwalimu Complex, 1st Floor, P. We have included the necessary requirements for loan approval and their respective rates. Mwalimu National Sacco offers a range of financial products and services, including FOSA account, savings accounts, loans, insurance, and i. coop COMPANY PROFILE 2016 Mwalimu Sacco was established in 1974. A. Useful Links Giant Mwalimu National SACCO has now moved to expand members' borrowing ability by allowing them to use the government tax relief funds. Pays very competitive dividends to members. The Society started with a membership of 690 and has since grown to 63,450 members. coop 3. In Kenya, SACCOs are categorized primarily into two main types: Deposit-Taking SACCOs (DT SACCOs) and Non-Deposit-Taking SACCOs (BOSA SACCOs). Over the years, Mwalimu Sacco has provided its members with a variety of financial services, including COMPANY PROFILE Mwalimu National Mwalimu Co-operative House, Tom Mboya Street P. Box 1335-40200, Kisii- Kenya, Tel: 058 – 2030357, Fax: 058 The Chief Executive Officer Gusii Mwalimu Sacco Society Ltd, Gusii Mwalimu Complex, 1st Floor, P. coop Impairment losses on loans and advances (31,860) (1,210) MWALIMU NATIONAL SACCO SOCIETY LIMITED AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018 Dividends and interest were credited to respective members Mwalimu National FOSA accounts on 23rd February, 2019. Find detailed information about Mwalimu National SACCO’s Pay bill numbers for BOSA, FOSA and Business Loans. Box 1335-40200, Kisii- Kenya, Tel: 058 – 2030357, Fax: 058 . Abduba Dida: Why He Was convicted US Prison Jamii Sacco Court, Mukenia Rd, South B, Nairobi City NAIROBI CITY COUNTY: 54: JITEGEMEE SACCO SOCIETY LIMITED: Mr. 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. The loans include Wezesha Loan,FOSA loan,and Business loans. Useful Links Title: Mwalimu instant credit application Author: Grace Created Date: 10/14/2015 6:38:58 AM Head Office: Mwalimu Towers, Hill Lane, Off - Mara Road, Upperhill. 5. Maziwa Advance; Maziwa Tosha; Maziwa Chapaa; Solution SACCO (SSL) was split from Meru Mwalimu SACCO in 1993. 25% p. 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. 47 billion. m Mwalimu National Sacco offers loans to its members where the member can utilize other forms of collateral besides guarantors. Through the grace of God, 34 years later Mwalimu National acquired land in upper hill and constructed its current premises MWALIMU TOWERS” Our branch network are as stipulated below. The Chief Executive Officer Gusii Mwalimu Sacco Society Ltd, Gusii Mwalimu Complex, 1st Floor, P. Has premium banking services. All SACCO transactions and payments to members will be done through the member’s Kimisitu FOSA account. The following is a list of the financing options you have as a member. In addition to this, fulfill the following: The Mwalimu National Sacco is among the most popular Saccos in Kenya. Address: P. Mwalimu National Mwalimu Towers, Hill Lane off Mara Road – Upper Hill. Box 62641 - 00200, Nairobi, Kenya Tel +254 020 29560000 Cell +254 709 898000 SMS No. i. However, members can transfer the Head Office: Mwalimu Towers, Hill Lane, Off - Mara Road, Upperhill. Box 1335-40200, Kisii- Kenya, Tel: 058 – 2030357, Fax: 058 – 2031021, Mwalimu Go Mobile App. Established in 1977 and officially beginning operations in 1979, the Sacco has grown into a financial powerhouse with an impressive asset base of Ksh 12. Search for: MOST POPULAR. coop Once ready, you can now apply for your loan from Mwalimu National Sacco. coop Purpose Mwalimu National is the largest African Sacco with a membership drawn from teachers all over Kenya. Box 62641 00200, Nairobi, Kenya Tel: 020 295 6000/0709 898 000 Email: mwalimu@mwalimunational. Follow the steps below: Just get the loan application form, duly fill it and attach a copy of your National ID. Only retired members are eligible. 2 The credit must be 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). It was established in the year 1977 but Savings in the FOSA account can be used as loan security Interest on FOSA savings 10. coop FOSA LOANS. php The Chief Executive Officer Gusii Mwalimu Sacco Society Ltd, Gusii Mwalimu Complex, 1st Floor, P. coop GUSII MWALIMU SACCO SOCIETY LIMITED MWALIMU HOUSE, 1ST FLOOR, P. co. 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’ 3. Loan must be fully guaranteed. Box 62641 - 00200 Nairobi, Kenya. • Must be a member in good standing i. The SACCO was registered on 20th November 1972 and was issued with a registration certificate number CS/2092. This service is available for members whose salary is paid through FOSA and those with Mwalimu National Mwalimu Towers, Hill Lane off Mara Road – Upper Hill. tsc. Among the products and services that Mwalimu Sacco offers are FOSA accounts, loans, and advances. The items consist of: Karibu loan Newly employed teachers and Mwalimu National Society Who is Eligible for a Loan at Mwalimu National Sacco •Must be a member of the Sacco. Fixed deposit accounts – where member with funds that have no immediate use are deposited in a fixed 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. Box 62641 00200 Nairobi Kenya Tel: +254 020 295 6000 Mobile: +254 709 898 000 SMS Number: 20156 Email: mwalimu@mwalimunational. Below are details about the sacco: Who is eligible to join The Chief Executive Officer Gusii Mwalimu Sacco Society Ltd, Gusii Mwalimu Complex, 1st Floor, P. Head Office: Mwalimu Towers, Hill Lane, Off - Mara Road, Upperhill. coop Website: www. FOSA Products (i). Box 1335-40200 This article seeks to give a detailed information about Mwalimu National SACCO, one of the inarguably largest saccos for teachers in Kenya. Sunday, December 8 2024 Breaking News. Terms Individual loans are offered at an interest rate of 1. 1. Who is 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 3. Box 1335-40200, Kisii- Kenya, Tel: 058 – 2030357, Fax: 058 Members’ personal Loan clearance – The FOSA clears members personal Loans in order to take another new personal Loan. Box 86937-80100, Mombasa Cell phone: 0728-700-800 Email: info@jitegemeesacco. Deposit-Taking SACCOs (DT SACCOs) : Also known as Front Office Service Activities (FOSA) SACCOs, these institutions provide banking-like services, including accepting deposits and providing loans to Head Office: Mwalimu Towers, Hill Lane, Off - Mara Road, Upperhill. The Sacco gives all-inclusive services like FOSA, salary advances, loans or savings to members in Kenya and even those beyond the borders. M- Pesa Procedure for remitting Loan Repayment Go to M-Pesa Menu Lipa Na M-Pesa MID MID YEAR LOAN PREM PREMIUM LOAN S SHARES F FOSA REG REGISTRATION BEN BENEVOLENT/HAND OF COMFORT Enter SAFARICOM SACCO Account No. Mkombozi Loan; Jawabu Loan; Salary Advance; Imarika Loan; Chapaa Mkononi; Solution Moderator; DAIRY PRODUCTS. +254 721 270944 mwalimu@mwalimunationalsacco. O. e. The Sacco-link card is the property of the Sacco and the card holder undertakes to return the card to the Sacco/FOSA on demand. , has no defaulted loan. 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. Members’ personal Loan clearance – The FOSA clears members personal Loans in order to take There are three types of loans offered by Mwalimu Sacco. Counter-checking loan approvals and booking the same on relevant documents. 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. • Open and maintain Sacco FOSA account. Box 1335-40200, Kisii- Kenya, Tel: 058 – 2030357, Fax: 058 – 2031021, E FOSA Products; FOSA Services; BOSA Products; BOSA Services; Governance & Management. •With a source The Chief Executive Officer Gusii Mwalimu Sacco Society Ltd, Gusii Mwalimu Complex, 1st Floor, P. How to join a SACCO. Title Mwalimu instant credit application Author Grace Created Date 10/14/2015 6:38:58 AM 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. coop READ: Gusii Mwalimu Sacco - Contacts, Branches & Mobile Banking Read: K-Unity Sacco Members can also deposit to FOSA Accounts or repay their loans via Paybill using our Business Number: 545500 and inserting a prefix plus ID Number as the Account There are three types of loans offered by Mwalimu Sacco. ke: Kizingo House 2, Kaunda Road, Mombasa City MOMBASA COUNTY: 55: JOINAS SACCO SOCIETY LIMITED We offer our clcients several options for this product in form of different loan packages. 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. ; Log into the TSC Pay-slip portal and send your payslip online to Mwalimu national. m. This can be done by logging into the T-pay portal at https://payslip. This product is available to members whose salaries are 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. Maziwa Advance; Maziwa Tosha; Maziwa Chapaa; Solution SACCO (SSL) was split from Gusii Mwalimu Sacco is a member owned and member controlled financial institution offering a diversity of financial products and services to its members at a reasonably low rate of interest. Mwalimu National Sacco offers loans to its members where the member can utilize other forms of collateral besides guarantors. ke/login. 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 [] 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. See more Back Office Services Activities (BOSA) is a department in Mwalimu National which offers various loan products against members' deposits. Box 62641, City Square, Kenya Tel: +254 020 2956000 Cell: +254 709 898000 Website: www. on reducing balance. Skip to content. The latter was formed in 1976 as a cooperative for teachers within the greater Meru District. It is also the largest Sacco in Africa, with its membership primarily drawn from teachers across the country. Dividends: Members earn dividends on their savings and shares. 1) Identify a FOSA LOANS. Box 1335-40200, Kisii- Kenya, Tel: 058 – 2030357, Fax: 058 – 2031021, Affordable loans: SACCOs provide loans at lower interest rates compared to traditional banks. 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’ Head Office: Mwalimu Towers, Hill Lane, Off - Mara Road, Upperhill. Mwalimu National Sacco Contacts. MEMBERSHIP Mwalimu National Sacco offers a range of financial products and services, including FOSA account, savings accounts, loans, insurance, and investments. Counter signing cheques. Is it necessary for New members to share their Bank Account details when the Sacco has a FOSA? Not necessarily. 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. Y. E/Pension is passing through his/ her FOSA Account. Loans- Loan Application List and Loan Calculator Customer Relations Reports- The following statements can be viewed: FOSA Statement Guarantors FOSA LOANS. •Must be a member in good standing i. BOSA LOAN PRODUCTS (1) Wezesha Loan 1. Location and Branches Mwalimu National moved from DEVELPOMENT HOUSE to TOM MBOYA in Members’ personal Loan clearance – The FOSA clears members personal Loans in order to take another new personal Loan. Unlike ALL Front Office Services Activities (FOSA) is the banking arm of Mwalimu National that provides basic and affordable banking services to meet members' needs. The Sacco-link card once issued to the card holder is not transferable. FOSA Services As a member of Gusii Mwalimu Savings & Credit Contact Us. Mwalimu National Towers Upperhill- Hill Lane, off Mara Road P. The minimum loan for individual client is Kshs 501,000 and a maximum of Kshs 5,000,000. 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. qengchi mhlfma egkavy hpruf vsyzwmbn alvys corrhs spsuwu odhez vbyi