• How do I activate/create a Mkolo Savings

  Once you have created an account with Mkobo, Log in to your dashboard, click on the save money option, then click Create an Mkolo plan, input the required details and start saving.Few readers

• What is Mkolo Savings?

  With Mkolo Savings, you are able to save consistently towards a particular financial goal. You can create a personal target - Save for your rent, vacation, a new gadget and even towards starting your new business with Mkolo savings!Few readers

• What happens when I finally have money and I miss some days, weeks or months?

  We won’t automatically debit your account if you missed any day, week or month and we won’t charge you either. The QuickSave option is always available for you to manually make up for any lost day, week or month.Few readers

• Can I break my Mkolo Savings at any time?

  Yes, you can. Simply log into your dashboard and swipe right on the account balance card on your dashboard. Click on 'Ongoing Plans' and then select the plan you would like to end and select 'Break'. Funds will be sent to your Mkobo Account, and you will be able to access these funds. However, if you break these funds before the maturity date, you will lose your accrued interest and also be charged a 1% processing fee. If you do not achieve the target amount by the maturity date, you will only lFew readers