The Best Saving and Lending Experience for Investment Plans
Flex Sako is a 12-Monthly saving platform that helps you maximize your disposable cash and channel it to an investment. We have come up with a Flexible Convenient,simple and discipline-oriented saving method that directs you to a journey towards financial freedom.
Save
Pick the right monthly saving plan that helps you meet your goals easily.
Borrow
Tailor-made loan products to meet your financial needs
Earn
Get huge bonusses from us annually as a reward for your loyalty.
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Connect wallets and exchanges
As a trusted partner to millions of people, businesses, and companies, we manage and control their finances.
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Review transactions
As a trusted partner to millions of people, businesses, and companies, we manage and control their finances.
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Get portfolio insights
As a trusted partner to millions of people, businesses, and companies, we manage and control their finances.
“I think Saluta is the future of banking and finance management for business and individual users”
Andy Swift
Anita Ford
FlexSako is a digital savings financial product that allows you to set monthly savings targets and save consistently for at least 3 months to qualify for affordable short term loans against your savings or guaranteed by a friend. Members earn huge cash bonuses at the end of the year.
FlexSako is important because it helps you maintain a savings culture all year round giving you an opportunity to borrow depending on your saving potential while earning bonuses.
You can join FlexSako by filling the registration form that is provided online
A fully filled membership application form
Copy of the National Identity Card (Both sides)
Two recent color passport size photographs (soft copy is okay)
Copy of KRA pin cert
Ksh 1000 registration fee (Non refundable)
18 years and above
The minimum monthly contribution is Ksh.500 per month and a maximum of Ksh. 100,000
No. However, the platform has all elements of a normal Sacco except shares to members. We offer a saving platform, bonuses and secured credit to our registered members.
No. The FlexSako does not offer dividends and share but we offer bonuses to all our customers after a 365 days cycle from day of first savings
FlexSako was born as a partnership of Central Bank Regulated bodies
Bonuses to members shall be determined at the end of the year after an audit has been completed. The board will determine the percentage of proceeds that will go back to members as bonuses.
Yes, you can save more than what you had put as your monthly savings target.
You can withdraw savings every 365 days calculated from the day you made the first contribution for the year.
You can still continue to save in the next 12 months and you will be able to access credit. However your credit amount will be based on the amount that will be left in your account after withdrawal.
Yes but only after a month’s time of saving. If you will require more that you have saved you can use a guarantor
FlexSako offers emergency loans that are 80% of your savings amounting between Ksh. 500 to Ksh 100,000, payable in a maximum of 3 months.
Loan offered is 80% of the total savings. The full amount in your savings will still accumulate interest even if you are paying for a loan
The loan’s interest is capped at 7% per month.
You need to dial *384*67# and go to option 2 to request for a loan
5% of your loan will go into your savings, and these savings will mature in 12 months.
You loan is secured by your savings
Yes, you can pay the loan in installments.
The maximum repayment period is up to 3 months
You have to complete paying an active loan before you can borrow again
