Pamoja Account

This product is tailored to suit member based organizations (MBOs). It targets both incorporated groups and non- incorporated groups. If you are a registered group, Village Savings and Loans Association (VSLAs) or Investment club, the Pamoja Group Account is suitable for you.

PAMOJA ACCOUNT MAY BE OPERATED BY:

Benkimani
Groups (Investment or Social)
VICOBA/VSLAs
Societies, Clubs and Associations
Religious Institutions
Societies, Clubs and Associations

How to apply

Complete application forms
Minutes (which show the need of opening Pamoja Account and selected signatory’s)
Two colored passport size photographs
Signatory`s identity card such as Driving License, Work Id or Valid passport
Letter of Introduction from Local Government authorities, Religious Leader, or Social Workers Authorities
Certificate of Registration
Constitution
Opening balance 50,000/=

Pamoja Account benefits

Cheque deposits into the account are allowed
Zero maintenance fee
Attractive interest rates earned on the account (3% p.a)
Access to mobile banking services (available upon request)
Bank statements provided monthly (available upon request)
Free financial advice
Affordable loan interest

OPEN ACCOUNT