Redemptor

Redemptor gives boda boda riders a daily credit limit backed by their SACCO savings. Buy airtime, fuel and shopping, or pay for your driving licence course. You repay a little at a time on M-PESA. Redemptor is for registered members of partner boda boda SACCOs. Your SACCO registers you and sets up your account. You then sign in with your phone number and PIN. WHAT YOU CAN DO • See what you can spend today and how much of your daily limit is left • See exactly what to repay before midnight, item by item • Buy airtime for your own line on credit or from your prepaid balance • Get shopping vouchers at partner supermarkets and show the code at the till • Follow your driving licence course: weekly progress, instalments and attendance • Repay on M-PESA Paybill. Copy the paybill and account numbers in one tap • Check your activity: purchases, repayments and what was paid on time • See your SACCO savings, daily limit, repayment record and documents • Read reminders and notices from Redemptor • Change your PIN at any time FOR SACCO OFFICIALS Officials sign in from the same app to register riders, photograph ID cards, approve applications and follow up on arrears. HOW YOUR LIMIT WORKS Your daily limit is based on your SACCO savings (currently 25% of savings). A good repayment record can raise it. Your limit frees up again as you repay. Anything you pay beyond what you owe is kept as prepaid balance and used for your next dues. COSTS AND REPAYMENT • Airtime on credit: no interest for the first 48 hours, then 30% a year, charged daily on the amount still owed. Example: KES 200 of airtime repaid after 5 days costs about KES 200.50 in total. • Shopping vouchers: a fixed fee is added to the voucher value, then repaid in equal daily amounts. Example: a KES 1,000 voucher is repaid as KES 1,100 over 25 days (KES 44 a day). • Driving licence course: the full course price and daily instalment are shown before you enrol, and there is no interest. • Every price, fee and repayment date is shown in the app before you confirm. There are no hidden charges. SAFE AND PRIVATE • Sign in with your phone number and PIN. Your sign-in is stored encrypted on your phone • The app does not access your contacts, photos, location or files • We never sell your data. See redemptor.co.ke/privacy NEED HELP? Call your SACCO office or Redemptor support on 0734 559 696, or email [email protected].