Rafiki Salo

Rafiki Microfinance Bank Limited

About this app

The Rafiki Salo App, provided by Rafiki Microfinance Bank, offers flexible salary disbursement for registered clients. Through the app, users can access a percentage of their salary anytime, any day, by paying a facility fee. The accessed amount, including bank fees, taxes, and third-party charges, are deducted from the next salary payment through payroll facilitated by the employer. Payments can also be made via MPESA STK push. Registered and eligible users can access their earned or future wages through the Rafiki Salo App, with a facility fee of 8% on the amount accessed.

Example of Salary Advance repayable within one month:
 Salary disbursed: KSH 10,000
 Facility fee: 8% of 10,000 = KSH 800
 Excise duty: 20% of the facility fee = KSH 160
 Total repayable amount: KSH 10,960 (Note: Any third-party fees, such as MPESA charges, will be added to the repayment.)

About Rafiki Microfinance Bank:- Rafiki Microfinance Bank is licensed and regulated by the Central Bank of Kenya under the Microfinance Act 2006 (amended in 2013). It is Kenya’s third-largest microfinance institution, with 19 branches across 11 counties. Rafiki provides services through branches, internet banking, mobile banking, and the Kenswitch ATM network. It offers savings, credit, money transfer services, trade finance, forex, and bancassurance.

Contact Us:
We would love to hear from you! For feedback, questions, or concerns, please email us at [e-mail].
Visit our website: https://www.rafikibank.co.ke

Follow us on Social Media:

Twitter: https://twitter.com/@RafikiBank
Facebook: https://web.facebook.com/rafiki.bank
Instagram: https://www.instagram.com/rafiki_microfinance_bank
LinkedIn: https://www.linkedin.com/company/rafiki-microfianance-bank/

*Terms and conditions apply.