Karibu M-Cash Loan
This is a mobile loan available to Amref Sacco members. To qualify for a loan, you need to have 3 months active membership.
The loan has the following features:
• Ksh 20,000 loan limit.
• Ksh 7.5% one-off interest charged.
• Repay within 60 days.
• No paper work needed.
• No guarantors required.
Download the mobile banking application form
Submit the duly filled and signed form to firstname.lastname@example.org.
You will receive an SMS from AMREF_Sacco with details on self-activation.
HOW TO BORROW
• Dial *276* 30#
• Select option 1: Karibu M-Cash Loan
• Loan type: Mobile (note: type the word mobile and not your mobile number digits)
• Number of instalments: 1
• Enter Amount (Maximum amount is 20,000)
• Enter your pin (as set during selfactivation)
PROCEDURE OF LOAN REPAYMENT
- Dial Go to your Mpesa Menu
- Go to Lipa na Mpesa
- Select Paybill
- Enter business number: 840300
- Account number: 30*Mobile (Note: type the word mobile and not your mobile number digits)
- Amount: Your outstanding loan amount.
- Enter your Mpesa Pin number and send
- Transfer Money to own or other M-Pesa
- Pay any Paybill (Including K.P.L.C, DSTV, ZUKU,Nairobi Water)
- Savings and Loan Balance enquiry
- Check guarantors/guarantee status
- Buy goods and services
Download user guidelines here(download Here)