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 fixed periods, offering attractive returns and the cherry on top? You can redeem your savings anytime, anywhere!

We’ve got two types for you:

• Sprint Goal Accounts offering 6% profit.
• Marathon Goal Accounts offering 10% profit.

Just like their names suggest, Sprint Accounts are all about speed, while Marathon Accounts are built for endurance.

With multiple accounts sporting various maturities, you have the flexibility to choose the one that fits your goals like a glove. Plus, we keep the excitement coming by distributing profits every three months. Cha-ching!

Personal Goal Savings Accounts

Here’s the cool part – with Personal Goals, you’re the boss. You get to pick the category, name, and even set reminders for when you want to make contributions. It’s like having your very own financial assistance, just a click away.

Group Goal Savings Accounts

And for all the team players out there, we’ve got Group Goals.

Customize them to your group’s preferences, choose a target, and invite your fellow savers straight from your contact list. What’s more, you will all be able to keep up to date with deposits and redemptions happening in the app.

You’ve heard about Mombo Sacco’s Goal Savings Accounts, and you might be wondering, “What’s in it for me?” Well, lets unveil the fantastic perks that come with these accounts.

What are the benefits of opening a Goal Savings Account?

1. Goal-based Savings: Members can create multiple goals within their main goal account, allowing them to allocate funds towards different objectives and track their progress.
2. Easy Fund Transfer: Members can transfer funds in and out of their goal accounts without affecting the main goal account balance, providing flexibility and control over their savings.
3. Competitive Profit Rates: The Sprint Goal Account offers a competitive profit rate of 6%, allowing members to earn returns on their short-term savings. The Marathon Goal Account offers a higher profit rate of 10% for long-term savings, maximizing growth potential.
4. Redemption Flexibility: The Sprint Goal Account allows for quick redemption within 48 hours, providing access to funds when needed. The Marathon Goal Account offers the option to lock funds for a specific period, promoting disciplined savings and potentially higher returns.
5. Personalised Financial Planning: Members can set realistic savings targets, monitor progress, and receive personalized financial guidance to stay on track towards achieving their goals.

Join Mombo Sacco today and unlock the power of easy, rewarding, and secure savings. Start your journey towards financial freedom with a trusted cooperative society that puts your needs first.