With our M-Sacco solution, our members are able to access their funds and our Sacco facilities regardless of geographical location and beyond the conventional business hours. The M-Sacco platform enables our members to transact through their mobile phones at their convenience and comfort of their work places/homes. This solution has since become a channel of choice to our members. Members fill an M-Sacco Registration Form and submit to the Sacco for processing.
By dialing *346# members get the following services;
- Withdrawal - Allows member to make withdrawals from their FOSA\Service accounts
- Balance enquiry - Members can enquire their account balances e.g Loans, Shares, deposits and other FOSA accounts
- Loan Repayment - This service allows members to repay their loans e.g BOSA and FOSA loans
- Mini-statement - Members can get a mini-statement for the last 5 transactions
- Change PIN - Members can change their PIN numbers as they wish
- FOSA to BOSA transfer
- Inter FOSA transfer
Members can make deposits as follows:
- Select Safaricom Menu on the mobile phone
- Select MPESA
- Select Pay Bill
- Enter Business No - 173877
- Enter Account No (Format: 0101-001-Membership No.)
- Enter Amount to Deposit
- Enter PIN (MPESA Pin)
- Confirm the amount to be sent and Pay Bill number by pressing OK.
- Wait for confirmation SMS
Members can boost their shares as follows:
- Follow the steps above until step 4.
- On (5 above) Enter Account No (Format: 0101-001-ID Number)
- Continue with the other steps as above
How to apply for M-Sacco
- Download the M-Sacco Registration Form on our website
- Fill the form and send to the Sacco Office.
- We will receive and verify the form; if satisfied with the provided details, link the account to your mobile number.
- You will get a PIN number which you will use to log into your account
- You will be required to Change your PIN before any transaction