MDF has partnered with Tinka to offer a Cashback benefit for all pre-paid airtime purchases made via Mpesa Paybill 151515. Every time you buy airtime, MDF earns a 4% commission on your transaction value.

Example: If the average spend on airtime per user is Ksh 400 per month, MDF earns Ksh 16 per user. With 329 members, this could generate Ksh 5,264 monthly for MDF-CBO.

The funds that MDF CBO gets via the MDF Airtime Program, as part of the members’s contribution, will be deposited in the MDF-CBO account at the MDF SACCO.

MDF CBO, as an entity, is an account holding member at MDF SACCO. This act is mutually beneficial to both entities in the following manner:

1. Strengthen the SACCO Deposit With the average of 800/- per month being added from AIRTIME Program, this would improve the SACCO lending capacity

2. Encourage Use of Airtime Program By linking members contribution to a MDF SACCO account it will stimulate members participation in using the Airtime Program.

Group Quote: These are annual quotes based on 100 members.

The Insured Entity: MDF - CBO for a 12-month period.

Premium: The full amount of Ksh 200,940/- is for 100 members and has to be paid upfront for the whole year. If we have fewer members enrolled, the quote will be adjusted accordingly.

Coverage Starts: When the Group (MDF) Premium is paid in full, and NOT when an individual member signs up.

Per Person Premium Rate: Ksh 2,010/- (includes levy and stamp duty).

• The 12 months of coverage starts when the Group (MDF) pays the premium in full. For example, if MDF pays in August 2024, coverage will last until July 31, 2025. Therefore, a member joining in August is covered for 12 months, whereas a member joining in February 2025 will only be covered for 7 months.
• Where the quote states Ksh 50,000/- for 4 children cover, it means Ksh 50,000/- total for all 4 children per year and NOT per child. If fate happens, the member can choose to get the whole Ksh 50,000/- at once for that annual period or just Ksh 12,500/- for that child. If they take the full Ksh 50,000/-, the member will not get any additional child funds for the annual period.

Due to practicality, we recommend the 1st option (85-year EXIT), i.e., the one with a Ksh 2,000/- premium. We can deduct this from the member's annual fee.

This can be used as a recruitment tool and also as an encouragement for those of us who are existing registered members but have not paid their annual dues.

10 members is as low as we can start this Group Plan with Britam. We just need to start.