Welcome to Mombo Sacco
Kenya’s Award-Winning Digital Savings and Credit Cooperative Society
At Mombo Sacco, we redefine the traditional savings and credit experience by merging the best of digital innovation with the tried-and-true principles of cooperative finance. Established in February 2015, we have become a beacon for modern financial solutions tailored specifically for Kenya’s rapidly growing urban population.
Our Vision
To be the trusted and innovative financial partner of choice, empowering
individuals and families to achieve their dreams and aspirations.
Our Mission
Offering inclusive financial solutions for long-term prosperity.
We are committed to financial inclusivity, with membership open to all Kenyans, regardless of their financial position or access to technology. Whether you have a smartphone or not, you can participate in our cooperative society because our savings accounts are personalized to individual and group financial ability, catering to various occupations and financial backgrounds.
Team and Governance Structure
Our Dedicated Staff
Our team of dedicated professionals is at the heart of Mombo Sacco's operations. They are committed to providing exceptional service to our members, ensuring a seamless experience across all interactions. Our staff works tirelessly to support and guide our members on their financial journey, offering expert advice and personalized assistance.
Management Committee
The Management Committee, elected by our members during the Annual General Meeting (AGM), oversees the day-to-day operations of Mombo Sacco. The committee is entrusted with setting strategic directions, ensuring operational efficiency, and maintaining the Sacco's financial health. They work closely with the staff to implement policies and make decisions that align with our mission and vision.
Supervisory Committee
The Supervisory Committee plays a crucial role in maintaining integrity and transparency within Mombo Sacco. This committee audits and oversees the Management Committee, ensuring adherence to regulations and bylaws, and acting as a watchdog for the best interests of all members. They provide unbiased reports and recommendations to enhance our operations and accountability.
Key Milestones and Aspirations
A Growing Community
With over 2,500 active accounts, Mombo Sacco has cultivated a trusted community of savers and borrowers realizing their financial goals. Our transparent, user-friendly platform fosters growth and confidence.
Robust Financial Success
Our members collectively hold over Ksh 120,000,000 in savings—proof of the trust we’ve built. This strong foundation enables us to deliver innovative, competitive financial products for evolving needs.
Vision for Growth
We aim to grow our savings portfolio to Ksh 200,000,000 by the end of 2025. Our mission is to provide flexible financial solutions, competitive profit rates, and financial empowerment across Kenya.
Why Choose Mombo Sacco?
Digital-First
Approach
Embrace the future of finance with Mombo Sacco’s mobile-first strategy. Our intuitive Mombo App offers you convenience and flexibility to manage your accounts, monitor your savings, and access loans anytime, anywhere.
Transparent and Innovative
Transparency is at the core of what we do. With full visibility of your savings, accounts, and transactions via our platform, manage your finances effortlessly. Our range of innovative products, including flexible savings accounts and goal-based savings options, are designed to maximize your financial growth.
Revolutionary Lending Model
Mombo Sacco utilizes a pioneering Mscore model for risk-based lending. By tapping into unconventional rich data, we provide personalized loan terms, competitive interest rates, and a seamless borrowing experience.
Community and Financial Empowerment
Join a vibrant community with our M-Community feature. Interact with fellow members to find loan guarantors and share financial goals. Beyond savings, we offer financial literacy resources and personalized guidance to empower your financial decisions.
Recognizing Your Commitment
At Mombo Sacco, we celebrate your dedication to financial wellness. Our Top Savers and Rewards programs acknowledge and reward responsible financial management, encouraging you to achieve more.
User-Friendly and
Agile
Experience the ease and elegance of our user-friendly interface, which allows you to navigate your finances seamlessly, eliminating the bureaucratic hurdles common in traditional Saccos.
Choose Mombo Sacco for a brighter financial future. Join us in revolutionizing the way you save, borrow, and achieve financial freedom. Your journey to financial empowerment begins here.