Access your FOSA Account; Anywhere, Anytime on your
Mobile phone 24/7 on:
- Dial USSD *879# or *806#for Non –smart phone holders.
- Download the Jamii M-Cash App on your Smartphone from playstore for Android phone holders.
OUR JAMII M-CASH PLATFORM ALLOWS YOU TO:
- Account balance Inquiry for all your accounts
- Mini statement Inquiry
- Mobile Money/ Cash withdrawal
- PIN Change
- Funds Transfer
- Mobile Loan Application
- Cash Deposit to all accounts
- Utility Payments
JAMII M-CASH LOANING TERMS & CONDITONS:
- Must have a FOSA Account and a valid phone number.
- Must have a minimum deposit balance equivalent to or more than the amount being applied for.
- Must not be a defaulter of other Sacco Loans or with an outstanding mobile loan.
- No appraisal fee.
- Minimum loan amount = Kshs 500 and Maximum = Kshs. 30,000.
- Interest charged upfront at a rate of 5%,6% and 7% for one month,two month and three months loans respectively.
- Loan repayment period is 1 month,2 months and 3 months.
- Repayment through cash, transfer or paybill (Jamii Mcash 1 month AC L79,Jamii Mcash 2 months AC L80,Jamii Mcash 3 months AC L81).
- Any default leads to deactivation from the system.
- Cannot borrow until previous loan is cleared.
Some of the charges that apply for the above services are:
- Account Balance Inquiry – Kshs. 10.
- Mini Statement – Kshs. 10.
- Cash withdrawal – Kshs. 50 upto a maximum of Kshs. 70,000 per transaction.
- M/s Safaricom Limited Charges an average of Kshs. 5 in Airtime for every USSD Session.