250+
Members
4
Branches
About Us
Not Fast Decisions, but Good Decisions Fast
The KMTC Unified Savings and Commerce Platformis Kolo Multibiz MPCSL's complete, secure system for savings and commerce, serving members from all walks of life. Your contributions are protected by state-of-the-art security.
Our Goals
Kolo Multibiz MPCSL works harder daily to serve members from all walks of life while becoming a household name in the financial contribution industry.
Our Vision
To become the most sought-after smart contribution scheme provider in Africa.
Our Mission
Building and sustaining long-term, generational relationships with our members.
Providing the Best Services
Everything you need to save, grow and move your money, all in one membership account.
Online Contributions
Contribute any time from your phone or computer through our trusted partner, Paystack.
Target Savings
Save towards food and household goals with automatic debits that keep you on track.
Loans
Flexible loan plans for members. Apply online with a few valid details.
Smart Savings (DPS)
Daily contribution plans designed to build a steady savings habit.
Fixed Deposits
Lock in idle funds and earn guaranteed returns over 90 to 360 days.
Fund Transfers
Instant transfers within KMTC, and to other banks within 48 hours.
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
The KMTC Unified Savings and Commerce Platformis secure, robust and getting more 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.