How can I become a member of Muramati Sacco?
Any person can become a member of Muramati Sacco regardless of whatever activity you are engaged in; provided it's legally recorgnised by our government.
Can a business person benefit from Muramati?
Yes, by opening a business account, the business person becomes a member in our Micro-Finance arm and will be assisted on how she/he will start saving and eventually acquire credit facilities.
Why should I join Muramati Sacco and not any other?
The benefits of joining Muramati are many but are as summarized below;
- Affordable savings and credit facilities.
- Fair rates and prices for our products and services.
- High returns on any investment.
- Personalized customer services.
- Free financial advice and counseling.
- No charges are deducted as ledger fees on all savings accounts.
How is Muramati’s performance as regards financials?
Muramati has been recording outstanding performance in the market with a share return to its shareholders at 8-10% for the last five years. It has a widespread 11 branch-net-work and 16 business mobile outlets in its area of operations.
What are Muramati credit Interest rates?
Muramati sacco charges extremely fair rates in all the credits offered. All interests are calculated on reducing balance method. An attractive interest rebate of 5% is given to business loan borrowers who service the loan within term and per agreement.
How can a salary earner benefit from Muramati Sacco?
There are savings and loan packages specifically designed to benefit the salary earners; namely - Salary Advances and Mshahara Loan.
Besides savings and credit facilities, how else can I benefit from Muramati services?
We offer financial advice and counseling to our customers on investments; and guide them accordingly, to ensure that they are developed from the services received.
Why ask for guarantors when the members apply for a loan e.g. Development?
Since members are the shareholders, they use the shares as the security for the loan applied by their fellow shareholders.
Do you have any more inquiries? Click here to enquire further.
Information