Free
⭐️1.5 / 5
Rating
🙌2
Ratings
📼6 scs
Content
📦~ in 2 months
Updates frequency
🗣❌ unsupported
Your locale
- Versions
- Price History
- Description
- FAQ
All Versions of Kimisitu Money
67
June 6, 2024
Provides update for locked account after exhausting retry attempts.Swaps Id number for member number to identify users.
More1.3.4
January 29, 2024
. Bug fixes.
. Improved redesigned UI.
. IMEI device update allowing users to register a new device by answering their set security questions.
More1.3.3
September 1, 2023
*Fixes bosa loan application bug
1.3.2
June 12, 2023
Security Questions added to assist with pin reset.
1.3.1
June 1, 2023
Check balance bug fixed
1.3.0
April 19, 2023
Improved UI
Salary Advance
Bosa Loans
1.2.5
August 8, 2022
*Dividend Loan Enabled
1.2
June 15, 2022
*bug fixes
*choose source account for transfer
*send to another mpesa number
More1.1
April 15, 2022
*Regular Maintenance
1.0
August 13, 2021
Price History of Kimisitu Money
Description of Kimisitu Money
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.
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Kimisitu Money: FAQ
Yes, there is an iPad version available for Kimisitu Money.
KIMISITU SACCO SOCIETY LTD launched the Kimisitu Money app.
Your iOS device must have at least iOS 14.1 installed to use the app.
1.5 out of 5 is the overall rating of Kimisitu Money and it is quite low.
The App Category Of Kimisitu Money Is Finance.
67 is the newly released Kimisitu Money version.
Kimisitu Money updated on July 8, 2024.
The specific date when the app came out was February 5, 2023.
No objectionable content, suitable for young children.
Currently, Kimisitu Money supports English.
No, Kimisitu Money is not on Apple Arcade.
No, Kimisitu Money does not support in-app purchases.
Sorry, Kimisitu Money is not designed for integration with Apple Vision Pro.