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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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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 …

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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 …

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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, …

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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
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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!

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. …

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