How to join SMEP Microfinance 52 week Savings program

This is a saving program that aims at cultivating a saving culture among Kenyans through the easy to use Nyota Njema. The aim is to reach the achievable amounts of, KSH 34,450, KSH 68,900 or KSH 137,800 by spreading it throughout the year. This makes it easier for you as the saving amount increases gradually.

Starting week 1, deposit your savings on M-PESA starting with Ksh 25, then Ksh 50 the next week, Ksh 75 the week after that and so on and so forth, until the 52nd week where you will save Ksh 1,300, and your savings will add up to Ksh 34,450. You can also start with Ksh 50, then Ksh 100 the next week, Ksh 150 the week after to add up your savings to Ksh 68,900.

SMEP ensures the saved amount is safe and easy to deposit. The weekly savings also lead to your loan limit increasing and all deposits on this account, the Nyota Njema Account, will earn interest of 7% p.a.

How to join

  • Select Lipa na M-pesa
  • Select Paybill option
  • Enter Business Number 777001
  • Enter account number, Enter 52W followed by your ID number.
  • Enter amount
  • Enter M-pesa pin
  • Press ok to complete the request

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