Retail Innovations
Posted on August 5, 2015

M-Shwari Lock Savings Account

Details

A fixed deposit feature on M-Shwari platform. The service allows customers to save a minimum of Sh500 for six months at interest rates of up to six per cent per annum. The new feature banks on the strength of recurrent customer feedback which suggested the need for a facility to instill discipline in medium term savings towards a specific goal.

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