Kosalo

Modern Table Banking for Kenyan Groups

Digitize your Table Banking Group by recording and tracking contributions, loans, fines, dividends, and end year payouts in one secure and transparent system built for Kenyan savings groups.

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About Us

Built for Kenyan Saving Groups

Kosalo is a digital platform designed to help table banking groups manage their savings, loans, dividends, payouts and member records more easily.

We understand the challenges many groups face when using manual records and calculating end year payouts, and we provide a simple solution that improves transparency, organization, and trust among members.

Our goal is to support Kenyan table banking groups with a simple digital tool that strengthens accountability, improves organization, saves time, and helps groups focus on what matters most – saving.

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How it Works

Getting started with kosalo app is simple. Get started in 4 simple steps.

Create or Join a Group

Start by creating a group as a secretary or join an existing group as a member using an invite code to track your finances.

Add Members

Secretary Role: Add your group member names, and invite them to kosalo app to track their savings, loans and dividends.

Record Contributions & Loans

Secretary Role: Record each members’ contributions and loans only.

Track Financial Reports

View your personal dashboard and track your loans, savings, dividends and end year payout expected. Also track your group’s cash balance and borrowed money.

Features

Powerful Features built to help your savings group grow and save on time and energy in keeping records and calculating dividends

Contribution & Dividend Tracking

Record weekly or monthly member contributions. And the system automatically calculates each member dividend and end year payout.

Loan Management

Track loans issued, repayment schedules, penalties, and outstanding balances.

Transparent Reporting

Members can view summaries — reducing mistrust and misunderstandings.

Role-Based Access

Only the secretary has access to updating contributions, Chairperson, Treasurer, and Members can only view.

Secure Cloud Storage

No more lost books or damaged records. Access your records conveniently anywhere.

Mobile Friendly

Access everything from your phone app anytime, anywhere in Kenya.

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Kosalo Mobile App

Download the kosalo mobile app and track your savings anywhere, anytime.

Coming soon (Click here to get started with our simple google sheet system)

Frequently Asked Questions

Everything you need to know about Kosalo App

What is Table Banking?

Table banking is a group of individuals/business owners coming together physically to save money and borrow in cash. And they receive their savings and dividends generated from loan interests every year.

What is Kosalo App?

Kosalo App is a system built for table banking groups in Kenya to solve their major challenges by keeping clean records and assisting in dividend and payout calculations accurately, saving time and reducing errors.

How secure is Kosalo App?

All user data are encrypted and each user can only access their financial data. Only the secretary of the group has access to full reports for each memner. In addition, no one can access group information unless they are an official member of your table banking group.

Will our money be stored in Kosalo App?

No, the app is only for keeping records and automating calculations. All your money will be stored by your treasury or bank as you normally do.

Can members see each other’s savings?

No, each member only has access to their personal savings history and the general group balance. Only the secretary can see all members’ savings.

Do we need internet during meetings?

You may need internet to refresh and see updated reports while in the meeting. But the app can be accessed even when offline.

Do all members need to pay?

No. Pricing is per group, not per member.

Can we change our plan later?

Yes. You can upgrade or downgrade anytime.

Ready to Digitize Your Saving Group?

Start today for free and simplify your table banking sessions, clean records, automate dividends and payouts calculations.