fosa

 FOSA Products and Services

  • Processing payment of salaries done immediately cheques are received.
  • Immediate payment of members loans upon receipt from the Society (BOSA).
  • Clearing of third party cheques.
  • ATM Cards: MWITO SACCO is currently in partnership with Co-op Bank to provide ATM services to our members across the country.
  • Standing order facility.
  • Sale of Co-operative Bank bankers cheques.
  • Safe custody services for valuable documents and certificates.

FOSA (Front Office Savings Account)

Mwito Fosa

REQUIREMENTS

  • Copy of ID and presentation of original ID for verification
  • Two coloured passport photographs,
  • Minimum account balance amount of Kshs 500
  • Interest earning balance is kshs 5,000
  • Sacco link card.

REQUIREMENTS

  • Targeting children.
  • Copy of birth certificate.
  • Parents copy of ID.
  • Two coloured recently taken passport photographs of the child and parent/Guardian.
  • Minimum balance of Kshs 500.
  • Interest earning kshs 5,000.
  • Child operates account at age 18 yrs.

CHIDREN/MTOTO ACCOUNT

mwito-mtoto-account

Fixed Deposit Account

mwito-fixed-deposit-account

REQUIREMENTS

  • A Copy of ID and presentation of original ID for verification.
  • Two coloured passport photographs.
  • Minimum account balance amount of Kshs 10,000.
  • Deposit terms: 3, 6, and 12 months.
  • Interest earned paid upon contract maturity.
  • Interest forfeited if contract terminated before maturity.

REQUIREMENTS

  • Minimum monthly savings kshs 1,000.
  • Withdrawal once in a year.
  • Attractive interest rates.
  • Interest credited at the end of the year.

Education Savings Account

mwito-educationsavings-account

Group Account

girls looking at phone

REQUIREMENTS

  • Copy of ID and presentation of original ID for verification.
  • Two coloured passport photographs, of the three group signatories.
  • Group by Laws, and Minutes authorising account opening.
  • Certificates of registration from the social Services.
  • Minimum account balance amount of Kshs 500 and passbook at kshs

REQUIREMENT

  • Instant salary processing
  • Affordable salary processing fee
  • Affordable salary advance of up-to kshs 80,000 with a repayment period of 6 moths at 5% interest on reducing balance.
  • 24 hr access to funds through Mwito Sacco Link VISA branded ATMs and POS

FOSA Salary Processing Service

statistic-documents-with-businessman-blurred-background_1098-293

FOSA Salary Advance

kenyan-money

REQUIREMENT

  • To all members who process their salary through Fosa account.
  • Maximum of kshs 80,000.
  • Repayment period of 6 months.
  • Instant processing.

Start typing and press Enter to search