Micro-Credit (Group Account)
Collective empowerment through group synergy.
Savings account: Micro-Credit (Group Account)
Engineered for registered investment groups and Chamas, the Micro-Credit Account drives joint economic growth. Group members gain access to capital, preferential loan interest rates, and tailored financial advisory services.
Key requirements
- Certificate of Registration from the Ministry of Culture & Social Services
- Group constitution and signed minutes appointing signatories
- ID copies and passport photos of all officials
- Comprehensive member register with full contact and business activity details
Included
What you get with this account
Opening this account makes you a Tai Sacco member, with Share Capital and Non-Withdrawable Deposits alongside it.
Tai Sacco savings account
- Micro-Credit (Group Account)
Share Capital
- Earns dividends
Non-Withdrawable Deposits (NWD Fosa)
- Loan multiplier
- Earns interest