23/03/2017
THEME:
TOGETHER WE CAN
Statement From C.E.O.
I take this opportunity to welcome every one of you to this auspicious occasion.
I also congratulate you our esteemed clients, thank you for being part of the PAWDEP story this far.
Your presence has made this day as beautiful as it is.
VISION
PAWDEP envisions a world where all people have equal opportunity to achieve a new level of personal and economic success.
MISSION
To promote sustainable enterprises and employment among low income rural and urban areas by providing innovative financial and non financial services
AFFILIATIONS
We are a microfinance institution registered under the Laws of Kenya. We thus have several affiliations and partners, this include
1. AMFI –Association of Microfinance institutions(Kenya)
2. AMT-Association of Microfinance Transparency
3. Central Bank of Kenya (CBK)
4. Britam -British American Insurance
5. CIC-Co-operative Insurance Company, Kenya
6. KRA – Kenya Revenue Authority
7. Metropol Credit Reference Bureau
8. Safaricom Kenya Ltd
And many more
LOAN PRODUCTS
1) Mabawa
2) Haraka
3) Daima /Endeleza
4) Jaza
5) Msingi Bora
NEW LOAN PRODUCTS
1) School Fees
2) Diamond
3) Pesa plus
4) Angaza
5) Inuka
SCHOOL FEES PRODUCT
Features
Savings 10% of fee amount.
Interest rate 2.5 per month.
Repayment period 3months.
Eligibility
Members of a solidarity group.
New clients with required savings.
Benefits
Flexible repayment and low interest rate.
Fast processing and disbursement.
DIAMOND
This is a product designed for active loyal clients where one can access special services from any of our branches.
Features
Savings 30%.
Interest rate 1.5% per month.
Repayment period 12months.
Eligibility
Active and consistent client.
Benefits
Lower cash collateral.
Most of the qualification procedures are omitted.
PESA PLUS
Features
Savings 30%
Interest rate 10% per month
Repayment period 3 months
Eligibility
members of a solidarity group
Individual clients(new and existing clients)
Benefits
An emergency loan that arrests unforeseen business challenges.
Manages all business opportunities.
Fast processing and disbursement.
ANGAZA
Requirements
Savings 20%
Interest rate 1.5% per month
Repayment 12months
Eligibility
Minimum 3 months savings deposit
Members of a solidarity group
New clients.
Benefits
An individual product which helps a client acquire desired assets
Flexible repayment terms and collateral.
No weekly or monthly meetings
INUKA
Features
Savings 30%
Interest rate 20%
Repayment period 1-5 months.
Eligibility
Individual clients with an income generating activity.
Members of a solidarity group
Benefits
Daily product that helps to arrest unforeseen business challenges.
CREDIT REFERENCE BUREAU
We have now been registered with Metropol ,a credit reference bureau(CRB ) Institution. The benefits of getting registered are
1. Client Loan Applications are verified to sieve defaulters
2. Defaulters are listed and thus cannot borrow other loans to default
3. Groups are well served as default rates are reduced
4. Due to reduced default clients loans backlog is reduced
PAYBILL
We now have a PAYBILL number where clients can make savings and pay loan repayments
The paybill number is
891730
The process of making payment or saving is
1. On your Phone ,Go to Safaricom
2. Choose M-PESA menu and select Lipa na mpesa
3. Enter The PAYBILL Number Above (891730)
4. Enter Account Number As your Group Name and Member Number
5. Enter Amount to be transferred
6. Enter your M-PESA PIN
7. Choose send
8. The M-PESA Message should be send to the Branch Office Number
COMPANY EVENTS
All the institution information can be accessed by customers and public via Internet
Our Web page is
- www.pawdep.com
Our Face book page is
- pamoja women development programme
