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Details
Written by Administrator
Category: M-Asca Model
Published: 23 July 2016
Hits: 949
Dial *645*86# enter your m-asca pin, choose enquiries. Check balances and statements of all savings and temporary accounts
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Written by Administrator
Category: M-Asca Model
Published: 23 July 2016
Hits: 1026
Under this Module one can:
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Written by Administrator
Category: M-Asca Model
Published: 22 July 2016
Hits: 1036
Savings:
Under savings a member will be able to save to:
Loan savings account
The temporary savings account.
School fees account
Savings account
Payments
Members directly save
1. From their m-pesa account by entering the safaricom service pin and
2. From their equitel account by entering their equitel pin
Details
Written by Administrator
Category: M-Asca Model
Published: 22 July 2016
Hits: 908
Used to withdraw money from the temporary account to the m-pesa account
Dial *645*86# and enter your m-asca pin, under the send to m-pesa sub menu enter the amount and submit. You will receive an SMS notification from M-ASCA of the money sent to your M-pesa account.
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Written by Administrator
Category: M-Asca Model
Published: 22 July 2016
Hits: 2255
There are five types of loans
Ordinary loan- three times savings at 1% with guarantors. Maximum repayment period is 36 months
Temporary loan – 2/3 of savings with or without guarantors. Interest is 1%. Maximum repayment period is 12 months
Instant loan – not more than half savings and not more than 10,000. Interest 5% payable in a month. Must be in a group
Chama loans -three times savings. Must be in a group. Interest 2.5%. Maximum repayment period is two years.
Group loan - for the group itself. Three times savings, interest 2.5% , maximum reayment period two years
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Read more: Loans