I wish to take this opportunity to write a brief testimonial on Tembo Sacco of which i am a member who have enjoyed services from this great organization.
- Savings as a member: Tembo has set a reasonable minimum saving of ksh 1000 per month. This opens a door for a majority of people with humble wages.
- Customer service: Tembo has very friendly and helpful staff members, - As a Member one gets timely updates when systems are down and one receives monthly statement on ones account.
- Wide category of loans: e.g. Normal loan and Jumbo whose interest repayment period is very friendly, in my opinion.
- Loan application: This has been made very convenient through mobile, funds are credited to Fosa account(after loan is approved), one is given an option of bankers cheque and withdrawal can be using M-Tembo: while guarantors confirm on email. Tembo has fully embraced technology in a great way.
- Loan Repayment has been simplified with options of paying via Mpesa paybill or bank transfer.
- Other benefits: Tembo gives members a platform to invest in shares and purchase of immovable property like plots.There is an optional (Benevolent fund) of contributing Ksh 1800 per year, a fund that comes in handy in case of death.
- As a member,I have benefited from a Jumbo loan (4 times savings) with a convenient repayment period.I used that money to fence my half-acre plot, which I am preparing to develop. I also bought a calf for the family.
- Tembo has given members a platform to give back to society, through Tembo Corporate Social Responsibility.
In conclusion, Tembo has become my partner in economic growth and I am looking forward to making great strides with comfort. I would not hesitate to recommend anybody to make Tembo Sacco a partner in his/her economic growth path.
