What is Kwara and how does it work?

Kwara is a banking platform designed for SACCOs (Savings and Credit Cooperative Organizations) to digitize their operations. It provides core banking features like member management, loans, savings, and transactions through a cloud-based system hosted on AWS, with fixed subscription pricing that includes unlimited users and accounts, free support, and continuous updates.

How much does Kwara cost?

Kwara uses custom pricing based on your SACCO's membership size and needed features, with a fixed annual subscription fee plus transaction fees. Pricing is pay-as-you-go, billed quarterly or annually, excluding VAT; contact a Technical Project Expert for a quote tailored to your needs.

Who is Kwara best suited for?

Kwara is best suited for SACCOs looking to digitize banking operations, manage members, loans, and savings.

How do I contact Kwara support?

You can contact kwara support via email at support@kwara.com or Chat on WhatsApp with +254 705 678230.

Does Kwara have a plan for teams or businesses?

Yes, Kwara offers plans for SACCOs, which are cooperative businesses, with custom pricing based on membership size and features.

Kwara: Overview, Features, Pricing & Funding

Kwara is a core banking platform for SACCOs in Kenya that provides a cloud admin system for staff and digital channels for members to save, repay, and access SACCO services.

Key capabilities include:

Core banking administration for managing SACCO transactions and day-to-day operations, with role-based access controls and real-time visibility for staff.
Member self-service channels through *USSD (341#) and the Kwara Connect app, enabling members to check balances and statements, save and repay digitally, apply for mobile loans, and request digital guarantors.
Compliance and oversight with SASRA-compliant reporting and accounting, plus fraud detection and monitoring.
Integrations for developers via REST APIs (Kwara Open) to connect SACCO systems and digital products.