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Thinking about money can be stressful enough, let alone understanding all the different financial products out there. So we’ve put together articles to help explain some of it. Browse by topic, or check out some of our most popular pieces at the bottom of this page.

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Achieve Your Financial Goals with Mombo Sacco

Achieve Your Financial Goals with Mombo Sacco's Goal Savings Accounts Mombo Sacco’s Goal Savings Accounts are purpose-built to assist both individual and group members in realizing their financial objectives. Whether you’re saving for short-term needs or aiming for long-term aspirations, these accounts offer flexibility, attractive features, and customized options to …

Blogs/Newsletters

Aligning with the United Nations SDGs

Aligning with the United Nations SDGs: Mombo Sacco Goal Savings Accounts Introduction The United Nations Sustainable Development Goals (SDGs) are a universal call to address pressing global challenges by 2030. Among these 17 SDGs, several resonate with the objectives of Mombo Sacco Goal Savings Accounts. By promoting financial inclusion, economic …

Personal finance

Building Dreams Together

Building Dreams Together: The Efficacy of Mombo Sacco Goal Savings Accounts for Modern-Day Couples In today’s fast-paced financial landscape, couples often find themselves juggling various financial responsibilities and goals. Mombo Sacco Goal Savings Accounts provide an exceptional solution for modern-day couples aiming to manage their savings efficiently and meet their …

Blogs/Newsletters

Comparing Mombo Sacco Goal Savings Accounts to Forex Trading

Comparing Mombo Sacco Goal Savings Accounts to Forex Trading: Navigating Financial Choices in Kenya In recent years, Kenyans have embraced a wide array of financial options to grow their wealth and secure their financial futures. Two popular choices standout—Mombo Sacco Goal Savings Accounts and Forex trading. Each offers unique opportunities …

Blogs/Newsletters

Empowering Growth

Empowering Growth: The Efficacy of Mombo Sacco Goal Savings Accounts for Kenyan SMEs and MSMEs Introduction Small and Medium Enterprises (SMEs) and Micro, Small, and Medium Enterprises (MSMEs) form the backbone of Kenya’s economy, contributing significantly to employment and economic growth. However, financial management remains a challenge for many of …

Blogs/Newsletters

Empowering Kenyan Youth

Empowering Kenyan Youth: How Mombo Sacco Goal Savings Accounts Align with Youth Saving Objectives Introduction Kenya’s youth represent a vibrant and dynamic segment of the population, with unique saving objectives shaped by aspirations for education, entrepreneurship, housing, and financial autonomy. Mombo Sacco Goal Savings Accounts are meticulously designed to resonate …

Business

Enhancing Financial Inclusion

Enhancing Financial Inclusion: The Role of Mombo Sacco Goal Savings Accounts in Kenya Introduction Financial inclusion remains a critical focus in Kenya’s socioeconomic landscape, with efforts aimed at ensuring that individuals and communities have access to affordable financial products and services. Mombo Sacco Goal Savings Accounts play a pivotal role …

Business

Exploring the Intersection between Mombo Sacco Goal Savings Accounts and Flexible Savings Accounts

Exploring the Intersection between Mombo Sacco Goal Savings Accounts and Flexible Savings Accounts Introduction Mombo Sacco has established itself as a leader in innovative financial solutions, offering both Goal Savings Accounts and Flexible Savings Accounts to its members. These products, while distinct, complement one another, providing a comprehensive framework for …

Product news

Fostering Social Cohesion through Mombo Sacco Goal Savings Accounts

Fostering Social Cohesion through Mombo Sacco Goal Savings Accounts Introduction In today’s fast-paced society, financial goals and savings are often seen as individual pursuits. However, Mombo Sacco’s Goal Savings Accounts transcend this norm by integrating financial planning with social collaboration and cohesion. These accounts offer not only a strategic approach …

Business

Maximizing Financial Growth

Maximizing Financial Growth: The Synergy of Mombo Sacco Goal Savings Accounts and MWallet in Kenya In today’s rapidly evolving financial landscape, Kenyans are constantly seeking innovative solutions to bolster their savings, manage their finances effectively, and ensure a secure financial future. Mombo Sacco, with its array of dynamic financial products, …

Business

Navigating Financial Waters

Navigating Financial Waters: A Comparative Analysis of Mombo Sacco Goal Savings Accounts and Money Market Funds in Kenya In the quest for financial growth and stability, Kenyans are often presented with a myriad of investment and saving options. Two popular choices include Mombo Sacco Goal Savings Accounts and Money Market …

Business

Navigating the Financial Landscape

Navigating the Financial Landscape: Comparing Mombo Sacco Goal Savings Accounts and Insurance Education Plans in Kenya When individuals and families in Kenya seek to save for education-related expenses, they often consider various financial products tailored to meet future educational costs. Two notable options are Mombo Sacco Goal Savings Accounts and …

Business

Revolutionizing Savings for Kids

Revolutionizing Savings for Kids: How Mombo Sacco Goal Savings Accounts Outshine Traditional Piggy Banks in Kenya Introduction In the digital age, the traditional piggy banks once cherished by children are rapidly being replaced by more innovative, tech-savvy solutions. Among these modern savings alternatives, Mombo Sacco Goal Savings Accounts stand out, …

Personal finance

Understanding Your Savings Options

Understanding Your Savings Options: A Comparative Analysis of Mombo Sacco Goal Savings Accounts and Bank Fixed Deposit Accounts in Kenya When mapping out a financial plan, Kenyans often consider different saving vehicles to ensure that their money grows while maintaining security. Two popular options include Mombo Sacco Goal Savings Accounts …

Personal finance

Unlocking Financial Growth: Mombo Sacco Goal Savings Accounts for Kenyans in the Diaspora

Unlocking Financial Growth: Mombo Sacco Goal Savings Accounts for Kenyans in the Diaspora Introduction In today’s globalized world, many Kenyans have sought opportunities abroad, yet their ties to home remain deeply rooted. Managing finances from abroad can present unique challenges, necessitating solutions that bridge geographic divides while optimizing financial growth. …

Business

Boost Your SME Business in Kenya with Mombo Sacco MWallet

Boost Your SME Business in Kenya with Mombo Sacco MWallet: Your Ultimate Payment and Savings Solution Introduction In the vibrant and ever-expanding business landscape of Kenya, Small and Medium Enterprises (SMEs) have become the backbone of economic growth. The ability to manage financial processes effectively is vital for the survival …

Personal finance

Efficiently Manage Joint Funds with Mombo Sacco MWallet

Efficiently Manage Joint Funds with Mombo Sacco MWallet: The Best Digital Solution for Couples Introduction In marriage, effectively managing joint finances is crucial for a strong partnership. Couples need a secure, transparent, and flexible system to handle shared finances. Discover why Mombo Sacco MWallet is the ultimate tool for couples …

Personal finance

Empower Your Business with Mombo Sacco MWallet

Empower Your Business with Mombo Sacco MWallet: The Perfect Solution for Kenya’s Mama Mboga Introduction In the bustling landscape of Kenya’s SMEs and MSMEs, the Mama Mboga—Kenya’s beloved vegetable vendors—stand as iconic pillars of community life. Serving essential daily supplies to countless households, these micro-entrepreneurs face challenges in managing their …

Business

Empower Your Small Business in Kenya with Mombo Sacco MWallet

Empower Your Small Business in Kenya with Mombo Sacco MWallet: Seamless Transactions and Growth Introduction For small businesses in Kenya with less than 20 employees, efficient financial management is vital for success. Discover how the Mombo Sacco MWallet can streamline your operations, boost efficiency, and drive growth. Learn why this …

Blogs/Newsletters

Empowering Kindness and Connectivity

Empowering Kindness and Connectivity: Discover the Mombo Sacco MWallet ‘Send a Gift’ Feature in Kenya In a world where thoughtful gestures can create lasting connections, Mombo Sacco introduces the innovative MWallet ‘Send a Gift’ feature, designed to empower Kenyans to share joy and support through digital gifting. This unique feature …

Personal finance

Enhance Your Financial Experience with Mombo Sacco MWallet

Enhance Your Financial Experience with Mombo Sacco MWallet: The Perfect Solution for Effortless Fund Transfers and Savings Among Family and Friends In today’s fast-paced digital era, managing finances effectively is crucial, and the Mombo Sacco MWallet emerges as a leading solution for seamless funds transfer and efficient savings management. Here’s …

Personal finance

Enhance Your Financial Journey from Abroad with Mombo Sacco MWallet

Enhance Your Financial Journey from Abroad with Mombo Sacco MWallet: The Ideal Solution for Kenyans in the Diaspora Introduction Navigating financial connections to Kenya while living abroad can be a complex task. Whether you’re supporting family, investing locally, or planning your return, having a reliable and versatile financial tool is …

Business

Enhance Your Real Estate Contracting Business with Mombo Sacco MWallet

Enhance Your Real Estate Contracting Business with Mombo Sacco MWallet: The Best Payment Solution for Workforce Management in Kenya Introduction In Kenya’s thriving real estate industry, efficient wage management is essential for contractors overseeing numerous casual laborers earning daily wages. The Mombo Sacco MWallet is here to revolutionize payment processing, …

Business

Harness Financial Control with Mombo Sacco MWallet

Harness Financial Control with Mombo Sacco MWallet’s Budgeting and Planning Features In Kenya’s vibrant economic landscape, mastering personal and business finances is essential for long-term financial health. The Mombo Sacco MWallet budgeting and planning features provide an innovative and user-friendly solution to manage your finances effectively. Whether you’re an individual …

Business

How Mombo Sacco MWallet Aligns with Our Vision and Mission

How Mombo Sacco MWallet Aligns with Our Vision and Mission Introduction: Empowering Financial Freedom Mombo Sacco’s vision of empowering individuals and families to achieve their dreams fuels our mission of fostering long-term prosperity with innovative financial solutions. A cornerstone of this mission is the Mombo Sacco MWallet, a digital tool …

Personal finance

Maximize Financial Growth with Mombo Sacco MWallet

Maximize Financial Growth with Mombo Sacco MWallet’s Analytics Feature: A Smart Tool for Financial Planning. In Kenya’s rapidly evolving financial landscape, making informed decisions is essential for achieving financial growth and stability. The Mombo Sacco MWallet analytics feature offers a sophisticated solution that helps Kenyans optimize their financial decisions. By …

Business

Mombo Sacco MWallet: Transforming Financial Inclusion

Mombo Sacco MWallet: Transforming Financial Inclusion in Kenya Introduction: Unlocking Financial Access for All Kenyans Financial inclusion is crucial for economic growth and stability, particularly in a country like Kenya, with a diverse and expansive population. The Mombo Sacco MWallet is revolutionizing financial inclusion by providing accessible and innovative financial …

Business

Mombo Sacco MWallet vs Other Digital Wallets in Kenya: A Comprehensive Comparison

Mombo Sacco MWallet vs Other Digital Wallets in Kenya: A Comprehensive Comparison Introduction In today’s digital age, digital wallets have become essential for efficient financial management. In Kenya, numerous digital wallet options are available, each with distinctive features and benefits. Let’s explore how the Mombo Sacco MWallet stands out compared …

Business

Streamline Business Transactions with Mombo Sacco MWallet Bulk Payment Feature

Simplify Financial Interactions: The Essential Mombo Sacco MWallet Split Bills Feature for Kenyans In Kenya’s vibrant social culture, managing shared expenses can often be a daunting task. Whether it’s a joyous family gathering, festive celebration, or a collaborative project, coordinating financial contributions can sometimes cast a shadow on the occasion’s …

Business

The Power of Secure Transactions: Why High Net Worth Kenyans Should Choose Mombo Sacco MWallet

The Power of Secure Transactions: Why High Net Worth Kenyans Should Choose Mombo Sacco MWallet Introduction: Enhancing Privacy and Compliance in Financial Transactions In today’s financial landscape, maintaining privacy while ensuring compliance with regulations is essential for high-net-worth individuals. Mombo Sacco MWallet offers a secure solution that balances confidentiality with …

Business

Transforming the Traditional Sacco Industry in Kenya with Mombo Sacco MWallet

Transforming the Traditional Sacco Industry in Kenya with Mombo Sacco MWallet Introduction: Embracing Digital Transformation in Kenyan Saccos The traditional Sacco industry has long been a cornerstone of Kenya’s financial landscape. With the rise of digital technology, there’s a clear need for modernization to keep up with the demands of …

Business

Unlock Financial Flexibility in Kenya with the Mombo Sacco MWallet Overdraft Feature

Unlock Financial Flexibility in Kenya with the Mombo Sacco MWallet Overdraft Feature In the bustling economic landscape of Kenya, financial flexibility is a critical necessity for both individuals and businesses. With the ever-growing demand for quick access to funds, the Mombo Sacco MWallet overdraft feature emerges as a leading solution. …

Personal finance

Unlock Financial Freedom with Mombo Sacco MWallet: Automated Savings Rules for Kenyans’ Brighter Future

Unlock Financial Freedom with Mombo Sacco MWallet: Automated Savings Rules for Kenyans’ Brighter Future In today’s fast-paced world, achieving personal savings goals can be daunting. However, with Mombo Sacco’s MWallet automated savings rules feature, Kenyan residents can revolutionize their financial management journey. Designed to cater to different needs and spending …

Personal finance

Unlock Seamless Financial Management with Mombo Sacco MWallet Scheduled Payment Feature in Kenya

Unlock Seamless Financial Management with Mombo Sacco MWallet Scheduled Payment Feature in Kenya Managing finances effectively is crucial for individuals and businesses in Kenya, and the Mombo Sacco MWallet Scheduled Payment feature is here to transform the way you handle your financial obligations. In this article, we’ll explore how this …

Personal finance

Unlocking Financial Savings Through Mombo Sacco MWallet Fee Discounts

Unlocking Financial Savings Through Mombo Sacco MWallet Fee Discounts: A Boon for Kenyans Introduction: Enhancing Financial Accessibility in Kenya In today’s fast-paced financial world, Kenyans are constantly seeking ways to increase savings and optimize their resources. The Mombo Sacco MWallet provides an innovative solution with its discounted transaction fees, presenting …

Team MOMBO

What does the future hold for Mombo Sacco

What does the future hold for Mombo Sacco? In the bustling heart of Nairobi, nestled in the dynamic district of Westlands, lies Mombo Sacco, an institution with a grand vision and mission aimed at transforming the financial landscape for Kenyans. Since its inception in 2015, Mombo Sacco has been more …

Product news

Unveiling the Mombo Sacco MWallet: Your Ultimate Digital Financial Tool

Unveiling the Mombo Sacco MWallet: Your Ultimate Digital Financial Tool Introduction to the Mombo Sacco MWallet In today’s fast-paced digital world, efficient and secure financial management iscrucial. The Mombo Sacco MWallet emerges as a groundbreaking financial tool,designed to revolutionize your digital transaction experience. With features that caterto both individual and …

MWallet, Mombo Sacco, Digital-sacco-Kenya
Team MOMBO

Welcome to Mombo Sacco MWallet: Your Financial Freedom Partner

Welcome to Mombo Sacco MWallet: Your Financial Freedom Partner Introduction: Empowering Financial Success Welcome to the Mombo Sacco MWallet, our premier digital solution designed to revolutionize the way you manage your finances. As a part of Mombo Sacco’s commitment to empowering individuals and businesses across Kenya, the MWallet offers a …

MWallet, Mombo Sacco, Digital-sacco-Kenya
Team MOMBO

Why Choose Mombo Sacco MWallet Over Other Digital Wallets in Kenya

Why Choose Mombo Sacco MWallet Over Other Digital Wallets in Kenya? Introduction: Embracing Digital Wallets in Kenya Kenya has emerged as a leader in digital wallets, with platforms like M-Pesa transforming financial transactions. Among numerous options, the Mombo Sacco MWallet distinguishes itself with unique features tailored for individuals and businesses. …

MWallet, Mombo Sacco, Digital-sacco-Kenya
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Unveiling the Mombo Sacco MWallet: Your Ultimate Digital Financial Tool

In our fast-paced digital era, managing finances efficiently and securely is essential. Enter the Mombo Sacco MWallet, a revolutionary financial tool designed to redefine your digital transaction experience. Whether for individuals or businesses, the MWallet offers the flexibility and efficiency needed for today’s financial requirements.

Uncategorized

INVESTING STRATEGIES FOR RETIREMENT PLANNING.

– Planning for retirement involves a multifractionated approach that ensures financial security and peace of mind in your late years. Effective investment strategies play a crucial role in accumulating wealth and generating income during retirement. – Here are some key strategies to consider: – The earlier you start investing, the …

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BUDGETING.

A budget is a financial plan that helps you track your income and expenses. TYPES OF BUDGETS. -This method divides your income into 3 categories; 50%- goes to needs like housing, food, utilities, transport. 30%- goes to needs like entertainment, dining out, hobbies. 20%-goes to savings and debt management. With …

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How to Redeem M-Rewards with Mombo Sacco.

At Mombo Sacco, your loyalty and engagement don’t just go unnoticed—they are celebrated and rewarded through our M-rewards program. This loyalty initiative is designed to thank our members for their continued interaction with the SACCO. From saving regularly to referring new members and using our services, your activities earn you …

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“Empower Your Future: Discover the Best Loan Options for Your Needs”

What is a loan?  -This is when a lender gives money to a borrower who agrees to pay back at a set period with interest.   TYPES OF LOANS.  -These are unsecured loans thus not backed by any collateral.  -These loans can be used for various purposes and the interest rates …

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DISCOVER THE BENEFITS OF BEING A MEMBER OF MOMBO SACCO.

Joining Mombo Sacco can be a game changer for your financial well-being. As a member you gain a plethora of exclusive advantages designed to achieve your financial goals faster and more efficient. Here’s a closer look at the benefits of being part of Mombo Sacco: Member reward and discounts. Being …

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THE FUNCTION OF SACCOs IN FOSTERING FINANCIAL INCLUSION.

Financial inclusion refers to the process to ensure that individuals and businesses have access to useful and financial products and services that meet their needs, transactions, payment, savings, credit and insurance delivered in a responsible and sustainable way. Sacco’s play a crucial role in promoting financial inclusion, particularly in regions …

Uncategorized

The Role of SACCOs in Promoting Financial Inclusion.

The Role of SACCOs in Promoting Financial Inclusion Introduction Financial inclusion refers to the process of ensuring that individuals and businesses have access to useful and affordable financial products and services that meet their needs – transactions, payments, savings, credit, and insurance – delivered in a responsible and sustainable way. …

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Saccos: Your Key to Financial Empowerment in Kenya. 

In today’s financial landscape, there are various avenues to consider when it comes to managing your finances and planning. One such option that has gained popularity in recent years is SACCO’s. Ever heard of a SACCO but not sure what it is? You’re not alone! SACCOs, which stands for Savings …

Uncategorized

SALARY ADVANCE LOAN.

How Salary Advance Loan Can Help You Meet your Emergency Needs.  Unexpected financial emergencies can occur at any time, leaving people in need of immediate access to finances. When someone needs quick cash support before their normal paycheck arrives, salary advance loans have become a popular option. This post will …

Blogs/Newsletters

How to Save More Money

Become a Top Saver. Are you ready to embark on an exciting journey towards financial empowerment and build a secure future? Becoming a top saver is not a distant dream, but an achievable goal. With the right mindset and a few clever strategies up your sleeve, you can unleash your …

Mombo Sacco Interest on savings
Product news

Mombo Sacco Interest on Savings:How to Grow Your Money Fast

Introduction: When it comes to savings, Mombo Sacco is your trusted financial partner. Not only does Mombo Sacco provide a secure and convenient platform for saving, but it also offers competitive interest rates that can help your money grow with confidence. In this article, we will explore the benefits of …

Affordable loans
Product news

Save Big, Borrow Smart. Loan instalment 50% interest discount.

Unlock your Savings Superpower with Mombo SACCO Introducing Mombo Sacco’s Loan Instalment 50% Interest Discount – an incredible feature that allows you to save more, pay less, and achieve your financial goals faster than ever before. It’s like having a secret weapon in your pocket, ready to unleash its power …

best saccos in kenya
Blogs/Newsletters

Mastering Money Matters with SACCOS

Mastering Money Matters with SACCOs: A Guide for All In a recent “Get Your Bag Right” podcast episode , we had the pleasure of conversing with Lynet, our very own financial fit bit, on mastering money matters with SACCOS. The conversation was nothing short of brilliant, combining insightful expertise with …

Team MOMBO

All You Need To Know About Stadi.

Meet Stadi, your trusty assistant at Mombo Sacco! Stadi is here to make your financial journey easy, fun, and rewarding. But who is Stadi, you ask? Well, let me tell you all about this fascinating character. Stadi is a clever and witty virtual assistant designed to help you navigate the …

Team MOMBO

The Mombo App Innovative Solutions

Empowering Financial Independence with Innovation In today’s fast-paced digital world, financial technology has revolutionized the way we manage and access our finances. One such innovation is the Mombo App, a powerful tool developed by Mombo Sacco, an award-winning digital savings and credit cooperative society in Kenya. With its user-friendly interface …

Product news

Open the Best Goal Saving Account; Personal Vs Group

Personal Goals and Group Goals In the quest for success, both personal and group goal accounts play a vital role. While personal goals cater to individual aspirations and achievements, group goals foster collaboration, teamwork, and the accomplishment of shared objectives. So, which path should you choose? In this article, we …

Sprint Goal Savings Account
Product news

Open your Sprint Goal Savings Account Now

Open a Sprint Goal Savings Account Are you in a hurry to save? Don’t worry, Mombo Sacco has got just the account for you, it’s time to sprint and start your savings string! The Sprint Goal Account will be a fantastic savings option for you. Unlike the Marathon Goal Savings …

Product news

How to Open a Marathon Goal Account Now

Mombo Sacco Marathon Goal Savings Account Are you tired of running around, with your savings all scattered on the ground?Do you dream of reaching your financial goals, but find it hard to save those precious rolls?Well, fret no more, we have the solution for you, a marathon goal savings account …

Team MOMBO

Mombo App Nomination In The 2023 Mobile App Awards

Once upon a time, in the kingdom of finance, there was a little app called Mombo. It had big dreams of revolutionizing the way people saved money and managing their finances. Little did it know that its hilarious and quirky nature would catch the attention of the prestigious 2023 Mobile App …

Product news

Unlock Financial Freedom with Mombo Sacco Loan Products

Mombo Sacco is committed to helping individuals and businesses achieve their financial goals through a wide range of innovative loan products. Whether you need quick cash for emergencies, bridge financing for your business, or funds for personal milestones, Mombo Sacco has got you covered. With flexible terms, competitive interest rates, …

Team MOMBO

How to Join Mombo Sacco

How To Join Mombo Sacco Joining Mombo Sacco is incredibly easy and convenient, especially when compared to other Saccos and traditional banks. With Mombo Sacco, you can become a member and start saving in just a few simple steps using your smartphone. Mombo Sacco offers a user-friendly interface that makes …

Chama Savings Accounts In Kenya
Blogs/Newsletters

Choosing the Best Chama Savings Account in Kenya

Chama Savings Accounts In Kenya Are you part of a Chama in Kenya? Congratulations, you’re already on the path to financial success! But how do you make the most of your Chama experience? It’s simple: by choosing the best Chama savings account in Kenya. Buckle up for a rollercoaster ride …

Mombo Sacco Digital Savings Accounts
Product news

Mombo Sacco Digital Savings Accounts

Open Your Savings Account Today Are you tired of the old-fashioned way of saving money? Do you want a convenient and hassle-free way to build your financial future? Look no further than Mombo Sacco Digital Savings Accounts – the ultimate solution for modern savers like you. Picture this: no more …

Blogs/Newsletters

Shares vs Savings in a Sacco

Shares vs Savings in Mombo Sacco When it comes to saving and investing with a SACCO (Savings and Credit Cooperative), you may come across the terms “shares” and “savings.” While they both play a crucial role in your financial journey, it’s important to understand the differences between the two. Shares: …

Team MOMBO

Understanding the Regulatory Framework of Mombo Sacco

Who Regulates Mombo Sacco? When you want to save money, you make sure your hard-earned cash is in good hands. That’s where Mombo Sacco comes in. As an award-winning digital savings and credit cooperative society, Mombo Sacco is dedicated to simplifying savings, making it enjoyable and rewarding for all our …

Affordable saccos in Kenya
Blogs/Newsletters

Affordable Saccos in Kenya

Affordable Saccos in Kenya are a game-changer in the financial landscape, providing individuals and businesses with accessible and cost-effective financial services. Did you know according to KUSCCO estimates, SACCOs contribute in excess of 45% of kenyan’s GDP? This includes employement opportunities to over 250,000 people in kenya. In this article, …

Uncategorized

Sacco Membership: The Benefits of Joining a Sacco in Kenya.

Sacco (Savings and Credit Cooperative) membership in Kenya has gained significant popularity among individuals and businesses alike. In fact, according to KUSSCO, Kenyan Saccos registered a 14.2 per cent growth in membership, winning a global award from the World Council of Credit Union(WCCU). By offering an array of financial products …

Blogs/Newsletters

 Sacco Investment Opportunities in Kenya

Are you tired of the conventional investment options that offer mediocre returns? Are you searching for something engaging, rewarding, and brimming with potential? Look no further! According to KenInvest, Digital banking and Finance have emerged as the hidden gems, waiting to unlock your wealth potential. So, strap on your imagination …

Blogs/Newsletters

Becoming One of the Top Saccos in Kenya

They say laughter is the best medicine, and Mombo Sacco took this to heart on their way to becoming one of the top Saccos in Kenya. Join us on a hilarious journey as we explore the ups, downs, and comedic moments that shaped Mombo Sacco into the financial powerhouse it …

Technology

Digital Saccos in Kenya

In a fast-paced digital era prioritizing convenience and efficiency, traditional Saccos in Kenya are adapting. Today, we spotlight digital Saccos in Kenya reshaping financial services for tech-savvy Kenyans. Let’s explore these digital Saccos, shaping the future of financial empowerment. 1. Mombo Sacco: Where Digital Innovation Meets Financial Rewards As we …

Blogs/Newsletters

The Truth about Savings and credit cooperative societies in Kenya

Savings and Credit Cooperative Societies (SACCOs) in Kenya, often abbreviated as SACCOs, play a vital role in the financial landscape. They provide opportunities for individuals to save, access credit, and invest collectively. However, it’s important to have an understanding of the SACCO sector in Kenya, including its advantages, challenges, and …

Blogs/Newsletters

The Best Saccos in Kenya

In the vibrant land of Kenya, there exists a financial phenomenon that adds a delightful twist to the world of savings and credit. Lets embark on a journey to explore some of the best Saccos to join in Kenya, where traditional values meet modern flair, turning money matters into a …

Product news

Open a Goal Savings Account Now

Mombo Sacco has a new treat in store for its individual and group members – Goal Savings Accounts. Ever had a dream so big it needed its own bank account? Thanks to Mombo Sacco, you can! Let’s dive right in. Goal Savings Accounts offer you the opportunity to save for …

Mombo Sacco Top Savers
Team MOMBO

Mombo Sacco 2023 Top Savers

Mombo Sacco introduced a rewards programme for people who value fiscal responsibility. To inspire you, we highlight top savers who demonstrate strong determination and discipline in their savings. Our programme offers incentives to support and motivate your savings efforts. Join us in pursuing monetary success!

Planning with Mombo
Blogs/Newsletters

Planning for the Unseen with Mombo Sacco

You can improve your ability to weather unexpected financial problems and secure a more solid financial future by combining personal financial preparedness with the benefits and services provided by Mombo Sacco.

Team MOMBO

What are the next steps for Fintechs

What are the next steps for Fintechs? March 06, 2022 Charity is the Head of Operations at MOMBO Sacco. She joined us on the onset of March 2022 bringing to the table years of experience and a wealth of knowledge in finance and the credit industry. We asked Mrs. Charity …

Product news

The Case for M-Score at MOMBO Sacco

The Case for M-Score at MOMBO Sacco March 30, 2022 MOMBO Sacco M-Score is a scoring engine that applies unconventional rich data to the core underwriting model thereby expanding the lending space for individuals that were previously considered “thin file” or “risky” when Binary credit data was used to evaluate …

Product news

Join us for the 3rd Annual Meeting

Join us for the 3rd Annual Meeting March 30, 2022 Attending MOMBO’s annual meeting is not only an opportunity to hear about the state of the cooperative society- it’s an opportunity to speak directly with the decision-makers at MOMBO. And we would love to see all of our members attend. …

Product news

MOMBO Sacco: Digital Finance Re-Imagined

MOMBO Sacco: Digital Finance Re-Imagined March 24, 2022 The world of finance has seen enormous growth over the years, especially with the digitization of services in this field. However, this impossible growth has seemingly made it hard for ordinary Kenyans to access financial services predominantly in the world of Saccos. …

Product news

Digital MOMBO Sacco Guarantee Scheme revolutionary for young people

Digital MOMBO Sacco Guarantee Scheme revolutionary for young people. March 24, 2022 Most young people sign up for Saccos from their first employer, and when they change jobs or get into entrepreneurship, they are usually faced with the decision to quit the Sacco. Those who stay find it hard to …

Business

Most Innovative Sacco App for the year 2021

Celebrating Most Innovative Sacco App for the year 2021 – Mobile App Summit & Award 2021 February 02, 2022 We are pleased to announce that MOMBO App has been awarded the Most Innovative Sacco App for 2021. The award highlights our financial technology that creates personalized and satisfying member experiences. …

Product news

Salary Advance loan in Kenya

Do you need a salary advance loan in Kenya With expenses increasing consistently, it is understandably challenging for individuals to pull through the entire month with their salary. Receiving a fixed salary at the end of every month should ideally guarantee financial security, but sometimes, there is a possibility of …

Business

What is The Difference Between Dividends and Interest

What is The Difference Between Dividends and Interest The terms Interest and dividends sound sort of like they should mean the same thing, very few understand clearly the distinction between these two terms, and it’s important that you understand the difference. 1. Definition of Interest Interest is what you earn …

Personal finance

Need Funding for Business? Here’s What to Know Before Applying for a Loan in Kenya

Need Funding for your Business? Here’s What to Know Before Applying for a Loan in Kenya When you need a quick mobile loan for your small, medium or large-sized business, it’s highly likely that you’ re willing to take the first deal that comes your way, but don’t. Taking time …

Personal finance

Ways to Avoid Poverty

Ways to Avoid Poverty During These Hard-Economic Times Share on facebook Share on twitter Share on linkedin Share on whatsapp Many Kenyans have proven clearly during this covid-19 pandemic that they are not experts at managing their finances. We face countless financial burdens, from high costs of living, healthcare expenses …

Product news

The Mombo App is changing

The Mombo App is changing: we’ve had a makeover Share on facebook Share on twitter Share on linkedin Share on whatsapp This Tuesday, 8th June 2021, we’ll start upgrading everyone to the shiny new Mombo 3.0 app. This is Mombo for the future. We’ve outgrown our current app, and it’s …

Technology

Top Cryptocurrencies To Buy In 2021

Top Crypto-currencies To Buy In 2021 Share on facebook Share on twitter Share on linkedin Share on whatsapp [cryptopack id=”11013″] What Are Cryptocurrencies? Cryptocurrency is digital asset that isn’t managed by a central system. Instead, it’s based on blockchain technology, with Bitcoin being the talk of the market in recent …

Business Ideas With Little Capital

Business Ideas With Little Capital In Kenya Share on facebook Share on twitter Share on linkedin Share on whatsapp Dreaming of starting your own business but you got a small amount of money to invest? Do you want to be your own boss and start a successful business but you …

Personal finance

Factors To Consider Before Starting A Business

Factors To Consider Before Starting A Business Share on facebook Share on twitter Share on linkedin Share on whatsapp Almost every individual dreams about starting his/her own business. Starting a business is usually an exciting moment for majority of people. Are you planning to start a business of your own? …

Personal finance

What are Saving Milestones and Why they are Important

What are Saving Milestones and Why they are Important Share on facebook Share on twitter Share on linkedin Share on whatsapp Have you ever embarked on a new savings goal, only for the early enthusiasm to dissolve into demotivation and disillusion? For some people, this happens in the days after …

Personal finance

I Need A Loan But I Have Bad Credit, Who Will Give Me A Loan?

I Need A Loan But I Have Bad Credit, Who Will Give Me A Loan? Share on facebook Share on twitter Share on linkedin Share on whatsapp Being an adult in the 21st century is hard, especially with the Great recession’s effect being experienced by all. If you are someone …

Personal finance

How Should You Plan Your Retirement Financially?

How Should You Plan Your Retirement Financially? Share on facebook Share on twitter Share on linkedin Share on whatsapp Planning for retirement is no easy task. And when it comes to financing yourself and your family, you may wonder, how exactly you’re supposed to plan for it, especially when you …

Personal finance

6 Ways a Quick Online Loan Can Help In Emergency Situations in Kenya

6 Ways a Quick Online Loan Can Help In Emergency Situations in Kenya Share on facebook Share on twitter Share on linkedin Share on whatsapp Financial hardships, like losing a job, medical emergencies, bills, bereavement-related expenses and other living costs can occur at the worst time and when you least …

Personal finance

Intelligent Investing: What does it take to be a Smart Investor?

Intelligent Investing: What does it take to be a Smart Investor? Share on facebook Share on twitter Share on linkedin Share on whatsapp Tips to Be a Smart Investor One can earn money either by working and second by having the chattels work for you. You will require money your …

Personal finance

Nine Habits To Becoming A Financially Independent Woman

Nine Habits To Becoming A financially Independent Woman. Share on facebook Share on twitter Share on linkedin Share on whatsapp Learning to become financially independent is an essential skill for women to obtain.To be clear, financial independence is not about how much money someone has. It’s about making good decisions …

How to Make Money from Home

Do you want to know how to make money from home? Share on facebook Share on twitter Share on linkedin Share on whatsapp You can join our Mombo Sacco family and make the best out of your money. Learn how to save, invest and sped your money wisely. Here are …

Personal finance

How to stop bad spending habits

Do you want to stop your bad spending habits? this is how you can start Share on facebook Share on twitter Share on linkedin Share on whatsapp How to stop bad spending habits I believe we can agree that money is a fact life. We require it to be able …

Personal finance

How To Raise Financially Responsible Child

How To Raise A Financially Responsible Child Share on facebook Share on twitter Share on linkedin Share on whatsapp The upbringing of a financially stable child is golden in so many ways. In relation to that same obvious practical application of understanding how to use, Save and Invest money, consider …

More Money With Your Saving and Investments

How to feed your family on a tight budget Share on facebook Share on twitter Share on linkedin Share on whatsapp Welcome to the Mombo Sacco family. Voted the best Sacco in Kenya and make the best out of your money. Learn how to save, invest and spend your money …

Business

Here are the Best Saccos in Kenya

Do you want to know the best Sacco to save in? Share on facebook Share on twitter Share on linkedin Share on whatsapp You can join  Mombo Sacco family voted the best Sacco in Kenya  and make the best out of your money. Learn how to Save, Invest and spend …

Personal finance

Building and Maintaining a Savings Culture

Building and Maintaining a Savings Culture Share on facebook Share on twitter Share on linkedin Share on whatsapp Welcome to the Mombo Sacco family. Voted the best Sacco in Kenya  and make the best out of your money. Learn how to save, invest and spend your money wisely. Build a Personal Saving …

Business

Mombo Sacco: the Mobile Only Sacco in Kenya

Have you heard about the best loan app in Kenya? Share on facebook Share on twitter Share on linkedin Share on whatsapp You can join  Mombo Sacco voted the best Sacco in Kenya  and make the best out of your money. Learn how to save, invest and spend your money wisely. A …

Technology

How Financial Organizations Ensure Consumer Protection

How Financial Organizations Can Ensure Consumer Protection Share on facebook Share on twitter Share on linkedin Share on whatsapp Welcome to the Mombo Sacco family. Voted the best Sacco in Kenya  and make the best out of your money.Learn how to save, invest and spend your money wisely. Financial Consumer Protection Saving …

Business

Sacco sponsors 4-days vacation to Mombasa

Sacco sponsors a 4-days vacation to Mombasa, including air ticket for top savers 2020 Share on facebook Share on twitter Share on linkedin Share on whatsapp One of the leading digital Savings and Co-operative society (Sacco) in the country has organized an award fete for its members christened Annual Top …

Business

The innovation that got us through 2020

The innovation that got Mombo Sacco through 2020 Share on facebook Share on twitter Share on linkedin Share on whatsapp 2020 will be remembered as the year where people depended on technology and innovation more than ever. However, before the COVID-19 pandemic hit the world, MOMBO SACCO was already putting into use …

Business

Differences between Shares and Savings

The Differences between Shares and Savings. Share on facebook Share on twitter Share on linkedin Share on whatsapp Welcome to the Mombo Sacco family. Voted the best Sacco in Kenya  and make the best out of your money. Learn how to save, invest and spend your money wisely. Here is …

Business

Habits That Negatively Affect Your Credit Score

6 Loan Habits That Negatively Affect Your Credit Score Share on facebook Share on twitter Share on linkedin Share on whatsapp Welcome to the Mombo Sacco family. Voted the best Sacco in Kenya and make the best out of your money. Learn how to save, invest and spend your money …

Business

8 Misconceptions About the Sacco Industry

Top 8 Misconceptions About the Sacco Industry? Share on facebook Share on twitter Share on linkedin Share on whatsapp What misconceptions have you heard about Sacco? Despite the recent spate of events, there are legitimate Saccos that have helped many Kenyans in accessing loans at cheaper interest rates to achieve …

Business

Why Join a Sacco

What’s the difference between Sacco’s and Collective Investment Schemes? Share on facebook Share on twitter Share on linkedin Share on whatsapp Before we jump into comparison, let’s begin by defining the two. A Sacco is an acronym for Savings And Credit Co-Operative. Their main agenda is to offer saving schemes and …

Personal finance

9 ways to earn passive income from home

What is Passive Income? Share on facebook Share on twitter Share on linkedin Share on whatsapp It’s no secret that the Coronavirus has affected the economy in more than one way. Businesses are failing, companies are closing, millions of people have lost their jobs. All this probably means that people …

Business

Cancellation of MOMBO Sacco 2019 AGM

Cancellation of AGM until further notice Share on facebook Share on twitter Share on linkedin Share on whatsapp Following a directive from the Commissioner of Cooperatives and Ministry of Health after three confirmed COVID-19 cases in Kenya, that all public gatherings, meetings and events should be suspended, we hereby notify …

Business

Mombo Saccos 5th Year Anniversary

Mombo Sacco’s 5th year Anniversary Share on facebook Share on twitter Share on linkedin Share on whatsapp MOMBO SACCO, an online-based Savings and Credit Co-operative Society, is celebrating its 5th Anniversary. The SACCO has grown from a membership base of 10 at incorporation on the 20th February 2015, to the …

Business

Mombo Sacco highlights its Key Milestones

Mombo Sacco highlights its Key Milestones Share on facebook Share on twitter Share on linkedin Share on whatsapp The Vice Chairperson at Mombo Sacco speaks about their Key Milestones since 2015 Nairobi, Kenya – April 21, 2018 – Since its inception about four years ago, the goal of Mombo Sacco …

Technology

MOMBO Sacco announces app upgrade

Mombo App announces An Upgrade on Their Mobile App​ Share on facebook Share on twitter Share on linkedin Share on whatsapp Nairobi, Kenya – May 21, 2018 – Mombo App is set to upgrade their mobile application on May 23, 2018. This is in a bid to enhance the user-experience …

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