This scheme benefits members of the Tontine CBO upon mandatory retirement or in the event of an accident leading to permanent disability. It provides financial support to ensure a secure and comfortable retirement for members who have dedicated their lives to their work. With competitive interest rates and flexible repayment terms, our Mheshimiwa Mstaafu scheme offers peace of mind and financial security to retirees and disabled members. Let us support you in your retirement years or in times of need with our Mheshimiwa Mstaafu scheme.
Be a registered member on Madini Chapaa Platform and Member of Tontine Group International CBO
Be a regular contributor of at least KES 30/- Per day or KES 900/- per month towards Madini Pension Scheme.
You are above 18Yrs old and NOT more than 60 years old.
Have a valid bank account for pension payments. Pension payments kicks in upon attainment of the mandatory retirement age of 60 years or if one is involved in and accident that may have led to permanent disability.
Potential Impact on Credit:
Regular contributions to the Retirement Fund/ Pension Fund demonstrate financial responsibility and may positively impact your creditworthiness by showcasing your commitment to saving for the future.