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Kimisitu Money 4+
Kimisitu Sacco IOS App
Kimisitu Sacco
Designed for iPad
-
- Free
Screenshots
Description
a. Withdrawal to MPESA- members can make withdrawal from FOSA account to their MPESA.
b. MY Account- members can view details of their FOSA, BOSA, Loan Balance and Savings accounts
Loans- When customer selects Loans, they will be taken to a menu with four items namely.
Loan Enquiries
Loan requests
Loan Application Status
Loan repayment
Loan Types -:
i. Dividend discounting loan
• A one-off interest of 7.5 % shall be charged upfront on the loan approved.
• The amount applied shall not exceed 60% of the member’s previous year’s interest on deposits (dividends).
• A member whose account is arrears/dormant/defaulter will not qualify for the loan through mobile however they can access only through applying online so that the arrears can be recovered from the dividends.
• Guarantors whose deposits were offset during the year to reduce a defaulted loan shall qualify for a lesser amount.
ii. M-Kimisitu Loan
• Interest rate of 5% per month on reducing balance
• Repayment period up to a maximum of 5 months
• The monthly repayment is deducted from the salary payouts.
• Top ups charge: of 2.5% of the Loan balance
• Member can access a maximum of Kshs.100,000 or 80% of his member deposit whichever is lower
• Interest is charged upfront but recovered monthly
• In case of default the loan balance is recovered from member deposit
c. Fund Transfer
i. When a customer selects Fund transfers, they will be required to select from
Swift transfer (RTGS)
Electronic Funds Transfer (EFT)
ii. The Fund transfer is segregated as follows:
a. Internal Transfer
• My Account – Member should be able to transfer to any savings account they have including shares.
• Other Account – member can transfer to other members savings account internally.
b. External – Member should see list of banks and enter beneficiary bank details.
• Member should be able to select beneficiary.
d. Deposits
When a customer selects Deposits, the Applications displays accounts options for the customer to deposit to
• FOSA
• Savings Account
• LUMPSUM
•
e. PAYBILL - Customers have an option to pay using Pay bill functionality.
f. Change Password functionality-members can change their respective passwords.
g. Logout functionality-members have an option of logging out once they are done with using the App.
What’s New
Version 67
Provides update for locked account after exhausting retry attempts.Swaps Id number for member number to identify users.
Ratings and Reviews
User interface
Excellence user interface
App that is not usable
I don’t see the reason the app exists if it does not work. I can’t make any transfer from the app.
I cant even check my FOSA balance. Checking balance prompts me the charges are 0.00 but checking the fosa ministatement when using USSD I see I have been charged 10 shillings.
Also, the balance amounts are not the same on web and on the app. Holiday savings here. This is very confusing.
The session keeps expiring in no time.
You guys can get quality assurance to test the app or remove it from the appstore
Not user friendly
I have struggled with this app, I can't consistently see my balance, get mini statements, and frankly it has very little functionality.
I prefer old school sending members monthly statements rather than using this app. I can't see any useful bug fixes for iPhone ...
App Privacy
The developer, Kimisitu Sacco, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.
Data Not Collected
The developer does not collect any data from this app.
Privacy practices may vary based on, for example, the features you use or your age. Learn More
Information
- Provider
- KIMISITU SACCO SOCIETY LTD
- Size
- 42.5 MB
- Category
- Finance
- Compatibility
-
- iPhone
- Requires iOS 14.1 or later.
- iPad
- Requires iPadOS 14.1 or later.
- iPod touch
- Requires iOS 14.1 or later.
- Mac
- Requires macOS 11.0 or later and a Mac with Apple M1 chip or later.
- Apple Vision
- Requires visionOS 1.0 or later.
- Languages
-
English
- Age Rating
- 4+
- Copyright
- © Kimisitu Sacco 1985 - 2021 . Copyright © Kimisitu Sacco Ltd - All rights reserved.
- Price
- Free