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Young Mula

Young Mula

Mula youth program has been designed with the present-day youths’ experience and needs at the center.

As era92 a social enterprise, we recognize the zealous young adult with dreams but has hardly an asset or even security to build that which they envision simply because the available banking offers have to be designed for them.

The program provides products and services that equip young adults with the knowledge, skills, and capacity to make sound and sustainable financial decisions.

Mula youth is here for the young adults whose growing financial capacity, join us.

Products designed just for you

Jump$tart

The offer is designed to enable young adults to acquire tools, materials and assets that are resourceful in earning a living. Members can purchase/ acquire resources that can help them begin to deliver standard services or products in the real world.

Benefits

  • Access to durable modern tools and kits
  • Flexible payments
  • Continuous training on asset utilization
  • Helps youth with capital to improve their businesses, thus creating employment.
  • Easy loan processing.
  • Affordable interest rates

Key Requirements

  • Become a member of Mula youth
  • Own an active account for at least 5 months
  • Asset processing form
  • Two guarantors
  • Copy of national identity card
  • Minimum loan amount 100,000. shs
  • Maximum loan amount of 2,000,000 shs

Young Savers Account

This product is designed to encourage young adults to build a saving culture. The offering encourages purposeful savings that accelerate the individual’s capacity to finance the dreams over time.

Benefits

  • No monthly charges
  • Permits cash withdrawal.
  • Permits deposit by way of cash, and mobile money
  • Attracts interest rate of 0.5% monthly and 6%annually
  • Build collateral to secure funds and assets

Key Requirements

  • Become a member
  • Account opening form
  • Minimum balance of 20,000shs
  • National identity card

Apply for a loan