If you are a Mwalimu National member then you can log into the mwalimu sacco members portal and enjoy the following:

Personal details- These includes total deposits, total loan repayments and total shares.
Loans- Loan Application List and Loan Calculator
Customer Relations
Reports- The following statements can be viewed:

FOSA Statement
Guarantors Statement
Loans Guaranteed
Shares Capital Statement
Dividend 2019 Statement
Dividends
Member Statement

How to login to mwalimu national sacco portal membersportal.mwalimunational.coop

To log in to members portal click https://membersportal.mwalimunational.coop
Enter your membership number and login password

If you don’t know your password click on forgot account details and you’ll be prompted to enter your membership number. Thereafter a new password will be sent to the mobile phone number that you used to register your account.

How to calculate Mwalimu Sacco dividends for 2022

Just like other saccos, mwalimu national also pays dividends to members each year at the month of February. The sacco has declared dividends on total share capital (Kshs. 20,000) at 11.2%, rebates on deposits at 10.2% (your total amount at MNS minus the Kshs. 20,000 shares) and a withholding tax at 10% of dividends plus rebates.

Calculations for Mwalimu National sacco dividends:

Suppose the rebates on deposits of a member as at December 2020 is Kes. 100,000, capital shares at ksh 20,000 and he/she contributes Kes. 5,000, the total dividends will be calculated as follow:

HOW TO CALCULATE FOR DIVIDENDS	AMOUNT IN KSHS
10.2% of 100,000(Shares as at December 2018)	10,200
11.2% of 20,000(Capital shares)	2,240
10.2% of 5,000(January Contribution)	510
10.2% of 5,000 x 11/12(February contribution)	467.50
10.2% of 5,000 x 10/12(January contribution)	425
10.2% of 5,000 x 9/12(March contribution)	382.50
10.2% of 5,000 x 8/12(April contribution)	340
10.2% of 5,000 x 7/12(May contribution)	297.50
10.2% of 5,000 x 6/12(June contribution)	255
10.2% of 5,000 x 5/12(July contribution)	212.50
10.2% of 5,000 x 4/12(August contribution)	170
10.2% of 5,000 x 3/12(September contribution)	127.50
10.2% of 5,000 x 2/12(October contribution)	85
10.2% of 5,000 x 1/12(November contribution)	42.50
TOTAL	15,755
5% of 15, 755 ( Withdrawal Tax)	787.75
AMOUNT RECEIVED AS DIVIDENDS (15755-787.75)	14,967.25