Welcome to Kolo Multibiz MPCSL, your Trusted Savings Community
Kolo Multibiz MPCSL is a safe, fast, easy, and efficient e-Contribution system that enables you access to your membership account and to carry out online contribution services, 24/7.
Online Payment
Contribute securely online using our partner platform, Paystack.
Take a Loan
We have several loan plans available. You may apply for our loan plans by submitting some of your valid information.
Smart Contributions
We have two Smart Contributions for you, one is Smart Savings Scheme and another one is the Fixed Deposit Scheme.
Transfer Money
You are able to transfer your funds within the Kolo Multibiz MPCSL platform or the banks we support by adding your beneficiaries.
About Us
We care about the safety of our members' savings, hence, our state of the art security features.
Kolo Multibiz MPCSL is a complete e-contribution system. We have members from all works of life. Our system is secure and robust. Do feel safe about your contributed funds.
Our Mission
We are focused on building and sustaining long-term generational relationships with our members.
Our Vision
Kolo Multibiz MPCSL has the vision of becoming the most sort after smart contribution scheme provider in Africa.
Our Goal
Kolo Multibiz MPCSL works harder daily to serve its customers from all works of life while working towards becoming a household name in the financial contribution industry.
Our Services
We make your life comfortable with our services.
Contribute Funds
Members are able to deposit their money through the online platform of our trusted partner, Paystack.
Fast Transfer
Our money transfer system is secure and easy. Send your funds to your beneficiaries within Kolo Multibiz MPCSL or to other banks. Transfer within Kolo Multibiz MPCSL is instant and to other banks may take 48 hours.
Withdraw Funds
Members of Kolo Multibiz MPCSL are able to withdraw money from their account. Without verification, any withdrawal won't be completed, so you can trust Kolo Multibiz MPCSL.
Lowest Transaction Fee
Our transaction fee is much lower compared to other banks. You can deposit, transfer, and withdraw your funds with the lowest transaction charge. As our transfer system is secure and robust you can trust us.
Secure Service
Every balance subtracting transaction needs OTP verification so you can feel safe about your funds. You can also enable the Google Authenticator app and turn on 2FA security from the account menu.
How it works
It's so easy to join us
Open an Account
To be an account holder you have to register as a member first.
Verification
After registration you need to verify your email and mobile number.
Contribute
Contribute some funds, and take advantage of any of our Smart Contribution Schemes to grow your wealth gradually but steadily.
Enjoy Our Services
As a registered member you can enjoy all of our friendly services and the huge benefits they offer.
Fixed Deposit Scheme
Take a bold step to have your idle funds work for you.
Lock in your savings and earn guaranteed returns.
Kolo 90 Days Fixed
4%
return over 90 days
Minimum deposit ₦500
Kolo 180 Days Fixed
6%
return over 180 days
Minimum deposit ₦500
Kolo 360 Days Fixed
8%
return over 360 days
Minimum deposit ₦500
Smart Saving Scheme
Grow your contribution with us.
Daily contribution plans designed to build the savings habit.
Kolo Daily 500
₦500/day
3% interest · 90 days
Matures to ₦46,350
Kolo Daily 1k
₦1,000/day
3% interest · 90 days
Matures to ₦92,700
Kolo Daily 2k
₦2,000/day
3% interest · 90 days
Matures to ₦185,400
We provide our savings services anywhere you can reach us from
Kolo Multibiz MPCSL is a secure and robust e-contribution system getting popular by the day. We offer the best Smart Savings Schemes & Loan plans to our members.
250
Members
30M
Total Transaction
4
Total Branches
1
Country We Serve
Testimonials
What our members say
“Best quality service I've had. The money transfer system is just awesome. The beneficiary listing system makes it quite efficient.”
John Afemoh
Technician
“I had opened an account 3 months ago. I feel safe keeping my funds in Kolo Multibiz MPCSL. Their deposit scheme plans are really helpful.”
Michel Olorundare
Trader
“This is just awesome, best quality service ever. You can trust them and contribute your funds. Their loan plans are really helpful.”
Maria Hassan
Food seller
“I feel safe keeping my funds in Kolo Multibiz MPCSL. Their deposit scheme plans are really helpful.”
Adam Jatau
Transporter
Frequently Asked Questions
Even though we have provided a lot of information about us and how we serve you, please feel free to further inquire about our working process, our terms, conditions, our policies, etc. We are glad to always serve you.
Yes, we don't take any fees for registering with our cooperative.