Tembo Savings & Credit
Co-operative Society Ltd
With You All The Way.......Milele
Tembo Sacco is a Savings and Credit Co-operative Society, serving EABL employees and others within our market. Our Mission is to create wealth for our members and we envision being their preferred financial service provider
To be the preferred financial services provider to our members
We create wealth for members by mobilization of savings and provision of competitive loans, while assuring high returns through innovative financial solutions.
Tembo has a range of products and services which are available for members. Savings and credit products offered are:
This is the core Sacco function that enables members to save and be able to access credit facilities.
FOSA provides banking services for members. It has its own savings account and credit products.
The following products are now available:
- Hisa Loan
- Advance On Bonus Loan
- Corporate Centre Share
- Co-operative Bank class A Shares
Excise duty is now being charged on all FOSA transactions at a rate of 10%