How is M-Pawa account reinstated after defaulting a loan?

When a member delays in payment of the M-Pawa loans, the balance is recovered from their alpha deposits and their status marked as defaulter. For reinstatement, the member must put back the amount that was recovered from the Alpha Deposits before Member Changes are done to reactivate the account. If some days had passed after […]

How is the Interest of M-Pawa Computed?

M-Pawa offers a competitive interest rates that may be determined by the society from time to time. The prevailing rates are on the menu that can be viewed on the mobile application.