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
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