Metropolitan National Sacco has a couple of loan products.
However, before getting a loan, one has to save with the Sacco.
There are many savings products under Metropolitan Sacco, these include Fixed deposit accounts, Group Chama Accounts, FOSA Junior account (for children), Biashara Account and Dhahabu investment plan.
The loan products are two, Normal and Emergency loan. The two loans can be accessed by filling forms in the branch.
In line with its new strategy that encompasses IT into the transformation, the Sacco has a loan product that is dispensed from a member’s mobile phone.
ALSO READ: How to deposit money into your Metropolitan National Sacco FOSA using M-PESA
Through M-Metro Cash, members of the Sacco can access up to Sh20,000 loan. However, they must have their salaries channelled through FOSA section and have been active members of the Sacco for the last three months
However, the M-Metro Cash service does not serve joint account or accounts which require more than one signatory.
The Mobile banking solution service works for 24 hours.
Youtube link to M-metro cash
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