How to Create an M-Koba to Register a group

Vodacom in partnership with TPB Bank have introduced a new mechanism to save money, access loans and share earnings to groups like family and friends, VICOBA, VSLA, along with different groups with the intention of saving money and give each other loans. How to Create an M-Koba to Register a group

This service is called M-KOBA, M-KOBA is a new digital form of saving that provides security of the groups’ money, transparency and simplicity for members to contribute from anywhere through Vodacom M-Pesa.

M-Koba has been designed to resolve current challenges faced by groups with cash based mechanism like safely collecting contributions from group members, giving out loans and share earnings. M-Koba is another milestone to take Tanzania into the Digital economy as it eliminates the necessity to carry cash in regards to group activities.

How to Create an M-Koba to Register a group

How To create account & Register a group

Register into M-KOBA today and achieve your group goals at your fingertips. Joining M-Koba and registering your group is simple, Just dial *150*00#, select number 6 FINANCIAL SERVICES. Then follow simple steps to create a group according to your group needs as shown below.

How to Create M-Koba account

1. DIAL *150*00# FINANICIAL SERVICES
2. Select M-KOBA
3. Select Register Group
4. Select Family/Friends

How to register a group

1. DIAL *150*00# FINANCIAL SERVICES
2. Select M-KOBA
3. Select Register Group
4. Select Family/Friends
5. Enter group name
6. Enter amount to start account
7. Select 1 to confirm
8. Enter M-Pesa PIN

M-Koba for family and friends

M-Koba for family and friends has been designed to help customers who have small groups which may include family or friends with the intention of saving together either for a short period or long term and later on withdraw and use the money. Most of these groups are neighbours, family members, workmates, WhatsApp groups, classmates, Alumni associations etc. The main purpose of this account is to enable group members to contribute together in a secure manner with M-Koba and later on share earnings according to the process put together by the group.

Click here to watch further information on M-Koba for family and friends

How to Add Members

1. DIAL *150*00# FINANCIAL SERVICES
2. Select M-KOBA
3. Select Group 1
4. Select Members
5. Select Add Members
6. Enter phone number
7. Select 1 to confirm

How to Confirm Signatories/Members

1. DIAL *150*00# FINANCIAL SERVICES
2. Select M-KOBA
3. Select Group 1
4. Select Request
5. Select requested member
6. Select 1 to confirm
7. Enter M-Pesa PIN

How to Contribute

1. DIAL *150*00# FINANCIAL SERVICES
2. Select M-KOBA
3. Select Group 1
4. Select Contribute
5. Enter amount
6. Enter M-Pesa PIN

How to initiate group transfer

1. DIAL *150*00# FINANCIAL SERVICES
2. Select M-KOBA
3. Select M-KOBA
4. Select Group 1
5. Select initiate transfer
6. Enter phone number
7. Enter amount
8. Select 1 to confirm

How to verify cash transfer (Treasury)

1. DIAL *150*00# FINANCIAL SERVICES
2. Select M-KOBA
3. Select Group 1
4. Select verify transfer
5. Select group member
6. Select 1 to confirm

How to approve group transfer (chairman)

1. DIAL *150*00# FINANCIAL SERVICES
2. Select M-KOBA
3. Select Group 1
4. Select approve transfer
5. Select group member
6. Select 1 to confirm

How to check your contribution balance

1. DIAL *150*00# FINANCIAL SERVICES
2. Select M-KOBA
3. Select Group 1
4. Select balance
5. Select contribution balance

How to check your group contribution balance

1. DIAL *150*00# FINANCIAL SERVICES
2. Select M-KOBA
3. Select Group 1
4. Select balance
5. Select group contribution balance