• Approved loan will be disbursed to your Mobile Money account
• Out of the total approved loan amount, on disbursement 95% shall be deposited to your Mobile Money wallet, and the remaining 5% shall be deposited to your savings account scheme of the fund
• 5% of your loan will go into a savings scheme
• The savings scheme will split savings into 70% long-term and 30% short term savings i.e., 70% of the 5% will go into long term (Pension) and 30% of the 5% will go into short term
  • Example: Customer borrows KSh 1,000
  • KSh 50 (5% *1,000) will go into their savings account as below
  • KSh 35 (70% *50) – Will go to Pension account
  • KSh 15 (30% * 50) – Will go to short term savings account