Development Finance Loan

In response to our members requests, Mwalimu has launched a new product, Development Finance Loan. The new loan has a repayment of 60 months with a constant repayment amount.

 

Bridging Loan

In response to our members request, the bridging of Mwalimu loans is back!

Take advantage of this new facility to clear your mwalimu loan and get a bigger loan.Save religiously, Borrow wisely and repay promptly

 

BBF

BBF means Burial Benevolent Fund. The society established BBF in July, 1993.The objective of the fund is to accord the members and their immediate family a decent burial.

 

BBF Claim Procedure

1. Proof of death will always be required, ...

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Welcome to Mwalimu SACCO

Our Vision:

To be the SACCO Society of choice in the provision of financial services in Kenya .

Our Mission: 

To Mobilize funds, Provide Credit and other financial services to our Members on Competitive terms.

Our Goal 

 Increased access to financial and welfare services to the community.

 

 

 

 
Read more...
 
What is BBF

BBF means Burial Benevolent Fund. The society established BBF in July, 1993.

The objective of the fund is to accord the members and their immediate family a decent burial.

 This is an opprtunity for you also to contribute towards your funeral while still alive. Members conttrbute KES 150 monthly.

BBF claim procedure 

1. Proof of death

2. Present duly filled BBF claim form to  the society. Attach a copy of your ID and burial permit

3. Processing is same day as WSF account holders but may take upto 3 days for those without WSF accounts.

4. Since burial permits and death certificates may take long to proces, the following will be accepted:

    A letter from the head of your institution or area chief (we have detected afew fake ones and expelled the claimants!)

 

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Mwalimu SACCO several plans for loans. Read On ...

Savings
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Mwalimu SACCO offers a great and flexible opportunity for Savings. More ...


Contact Us

Feel free to get in touch with us!

Address: 
 Mwalimu Co-operative Hse, Tom Mboya Street
P. O. Box: 62641 - 00200, NAIROBI
Tel:  249 980, 312 470, 317 133
Cell: 0733 333 454, 0722 203 158
SMS: 0721 270 944, 0727 846 784
Fax:  249 477
E-mail: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Website: www.mwalimusacco.com

Financial Results 2007

Mobilized funds     -    Kes 10.02 Billion

Loan Portifolio      -    Kes 8.76 Billion 

Turnover                 -    Kes 1.17 Billion

Interest Rebates    -    8.6%

Membership            -     45,900      


 

What we are

The society exists to offer the following:-

1. Mobilize savings from members

2. Provide Credit to Members

3. Front office and other financial services

4. Provide welfare facilities to members.