This archive report was first published on 24 June 2020.
Published on June 24, 2020, Harambee Sacco has made a significant leap in convenience for its members by launching instant card-issuance.
This innovative system, enabled by Co-operative Bank, allows members to apply for and instantly receive a Visa Debit card, which can be used at any Visa-branded outlet, including ATMs, Co-op Bank Agents, and online stores.
Unlike the traditional practice of waiting up to two weeks for card delivery, Harambee Sacco's instant card-issue system prints Visa Debit Cards right at the branch, at the moment a customer applies.
With over 70,000 members, an asset base of Ksh 30 Billion, and six branches across the country, Harambee Sacco is one of the largest Saccos in Africa.
Speaking at the launch, Chairman Macloud Malonza praised the partnership with Co-operative Bank, saying, 'The launch of this instant card issuance is timely, indeed overdue, as it will greatly enhance convenience for our members.'
Director of Co-operatives Banking at Co-op Bank, Vincent Marangu, added, 'This launch is the latest among various digital banking solutions provided by the bank to enhance the efficiency of Co-operative Societies.'
