FOSA Group Mwananchi Account

Specifications

FOSA Mwananchi – Together We Save, Together We Succeed!

The FOSA Mwananchi Account is designed for groups looking to save and grow their financial resources collectively. Whether you're a self-help group, investment club, or community association, this account provides a secure and structured way to manage group savings effectively.

Opening the account is simple—just provide a list of group members with their contacts and signatures, the group’s registration certificate, and minutes resolving the account opening. Additionally, submit photocopies of IDs for signatories and two passport-size photos of office bearers.

Summary

1. Group account
2. List of group members with their contacts and signatures
3. Registration certificate of the group
4. Minutes resolving opening of account
5. Photocopies of ID of signatories
6. Two photographs –passport size of office bearers
7. Minimum opening balance - Kshs.5000/=

With a minimum opening balance of Ksh. 5,000, your group is set to build a strong financial foundation. Save together, grow together—open a FOSA Mwananchi Account today!