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Banks and Money

AGENCY BANKING (CO-OP KWA JIRANI); THIS IS ALL YOU NEED TO KNOW

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Co-Op Kwa Jirani is a convenient and simple banking model to suit your lifestyle as well as offer you convenience. This is a service from the Co-Operative Bank of Kenya.

WHAT SERVICES ARE AVAILABLE AT A CO-OP KWA JIRANI AGENT?

  1. Cash Withdrawals (From Co-op Account / SACCO Account / Fethalink)
  2. Cash Deposits (To Co-op Account / SACCO Account / Fethalink)
  3. Funds Transfer (To Co-op Account / SACCO Account / Fethalink)
  4. School/College/ university  Fees payments ( You can pay via cash or using a Co-op Visa Card)
  5. You can pay utility bills Utility Bills Payment
  6. You can check your Account balance ( Co-op Account, Sacco Link account, and KenSwitch affiliated banks)
  7. You get  your account mini-statement ( Co-op Account, Sacco Link account, and KenSwitch affiliated banks)
  8. Other Payments that you can make at a Co-op Kwa Jirani agent include:
    • NHIF Payments
    • County Payments
    • Other Government Payments e.g. KRA

RELATED CONTENT;

KWA JIRANI TARIFFS (ALL CHARGES ARE EXCLUSIVE OF EXCISE DUTY)

  1. Cash Withdrawals From Co-op Account / SACCO Account / Fethalink​​
    amount (KSHS) Charges (KSHS)
    100 – 5,000 50
    5,001 – 10,000 70
    10,001 – 20,000 80
    20,001 – 30,000 100
    30,001 – 40,000 120
    40,001 – 50,000 140
    50,001 – 100,000 250
  2. Cash Deposits To Co-op Account / SACCO Account / Fethalink
    Any amount – Free
  3. Funds Transfer (To Co-op Account / SACCO Account / Fethalink)
    Any amount – Free
  4. School / College / University Fees Payment
    • With Card
      Any amount – 50 KSHS
    • With Cash
      Any Amount  – Free
  5. Utility Bills Payment
    • KPLC Prepaid
      Any amount – 50 KSHS
    • Water Companies
      Nairobi water bill payments – 50 KSHS
      Other water companies- Free
  6. Balance Inquiry
    Charged : 10 KSHS
  7. Mini Statement
    Charged : 20 KSHS
  8. Other services:
    • NHIF Payments
      Any Amount  – Free
    • County Payments
      Any Amount  – Free
    • Other Government Payments e.g. KRA
      Any Amount  – Free
    • Water companies
      Nairobi water bill payments – 50 KSHS
      Other water companies- Free

For a list of all approved agents click on this link; LIST OF APPROVED AGENTS IN PDF The list has: AGENT NAME, POSTAL ADDRESS, PHYSICAL LOCATION, DISTRICT/ DIVISION PROVINCE,TOWN, CONSTITUENCY, GPS COORDINATES, COUNTY AND OPERATING HOURS BRANCH.

Cheap Mobile Loans

Fast and cheap online Loans: The Fadhili loans and app download

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Mobile loans have become more popular for customers seeking quick loans. Unlike over the counter loans, mobile loans offer convenience and flexibility. Take for example if one had an emergency; that requires financial attention, over the weekend and on public holidays when most banking halls are closed! Such an individual will suffer a great deal. But thanks to mobile loans Apps, one can process the loans online and instantly. All what is required is a smart phone and you will get your loan instantly. Furthermore, mobile loans are paperless and thus very few requirements, if any, are needed. Again, there so many lenders providing loans online. The Mobile lenders have developed Apps that can be downloaded freely from Play Store. Here is one of the lenders providing such loans online.

Fadhili loans

Fadhili gives you access to fast and convenient loans to your M-Pesa. Use our loans to grow your business, pay your bills or deal with emergencies.

Install Fadhili loan app from google play and create account and begin applying

Fadhili will check how you have been using your phone to make calls, sms, data and how you use mobile money services such as M-Pesa. Fadhili will notify you of the amount of money you can apply for and explain the repayment terms

The Quick Loan Fadhili offer:

  1. Loan Amount: Ksh 300 ~ 300,000 Ksh
  2. Loan Term: The shortest tenor is 91 days, the longest is 365 days
  3. Fees: 12%
  4. APR: 12%
    Service Fee: They charge additional service fee to cover the cost of credit scoring,payment cost, and account management.

Loan calculator

The amount varies for loan amount requested
Example: If the loan amount is Ksh 20,0000 for one year loan term with the total fees of 12%, then the APR will be Ksh 2,400 which is also the loan fee.

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