Kwara set to launch global app to ease Sacco transactions

Kwara

Kwara is set to launch its own mobile application, the Kwara Connect App, which will enable Sacco members to manage their accounts, make digital repayments and deposits, check balances and statements, apply for mobile loans and request guarantors online.

“We’ve had an amazing adventure together, completely transforming the way you interact with Savings and Credit Cooperative Organizations (SACCOs) through the reliable Kwara Connect. But get ready for something even more exciting because we’re about to make a groundbreaking leap that revolves around YOU!” Michelle Itindi, Product Owner at Kwara, said.

Michelle said that the App will also have a chatbot named Kate who will advise Sacco members appropriately, based on analytics.

“Kate will have a friendly conversation with you, asking about your interests, income and age, and then give customized Sacco suggestions that meet all your requirements,” she said.

She noted that with the App, a person can effortlessly handle multiple Sacco memberships, switch from one account to another, manage transactions and stay up-to-date.

Itindi added that while the App will operate globally, it will also communicate in Swahili and English to eliminate barriers.

She assured members of privacy and commitment to safety, saying the firm will provide top-notch security features, from biometric logins to customizable PINs to enable a worry-free experience.

She said that the App will be a powerful financial management tool designed to improve the overall financial health of the Kenyan youth and also elevate the credit union banking experience by ensuring modern, secure and reliable technology.

Kwara is Kenya Union of Savings & Credit Co-operatives’ (KUSCCO) technology partner which provides reliable core banking and mobile channels to Saccos across the country.

Kwara, a Kenyan fintech founded by Cynthia Wandia and David Hwan, has been working with Saccos to bring modern banking services to millions of under-banked people in emerging markets who rely on credit unions or Saccos to finance both businesses and personal projects.

By Amos Kerich

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