KaziMbogaMbogaCoin
Your Digital Currency on KaziMboga
Designed for freelancers and clients, MbogaCoin makes transactions faster, safer, and more flexible while keeping your money secure.
What is MbogaCoin?
A secure, digital currency designed specifically for the KaziMboga ecosystem
Money
Each MbogaCoin is equivalent to 1 Kenyan Shilling (KES) at minimum
Digital & Secure
Stored in your KaziMboga Wallet, ready to use anytime
Versatile
Pay freelancers, apply for jobs, or spend in the KaziMboga ecosystem
Redeemable
Withdraw MbogaCoin back to M-Pesa or bank account at any time
Withdrawal Fee
20% withdrawal fee applies when converting MbogaCoin back to cash. This fee supports platform maintenance and growth.
How MbogaCoin Works
Simple steps for both freelancers and clients
For Freelancers
Apply for jobs using MbogaCoin
Use your MbogaCoin to apply for available jobs
Receive payment in MbogaCoin
Get paid directly to your wallet when jobs are completed
Withdraw to cash anytime
1 MbogaCoin = 1 KES, minus 20% withdrawal fee
For Clients
Buy MbogaCoin to post jobs
Purchase MbogaCoin to fund your job postings
Pay freelancers using your wallet
Use your MbogaCoin balance to pay for completed work
Unused MbogaCoin can be redeemed
Convert unused coins back to cash (20% fee applies)
Why Use MbogaCoin?
Four key benefits that make MbogaCoin the smart choice
Fast & Convenient
No waiting for M-Pesa transfers for every transaction. Buy, pay, and withdraw instantly.
Secure & Reliable
Every MbogaCoin is backed by real KES, ensuring your money is always safe.
Flexible
Spend inside KaziMboga or withdraw as cash. Earn bonuses and perks when using MbogaCoin within the platform.
Transparent
1 MbogaCoin = 1 KES minimum. Withdrawals have a 20% fee. You always know the exact value of your coins.
Example Flow
See how MbogaCoin works in practice
| Action | Amount (KES) | Amount (MbogaCoin) | Notes |
|---|---|---|---|
| Client buys 500 MbogaCoin | 500 KES | 500 MbogaCoin | Purchase at 1:1 |
| Posts a job for 300 MbogaCoin | 300 KES | 300 MbogaCoin | Paid to freelancer |
| Freelancer receives 300 MbogaCoin | 300 KES | 300 MbogaCoin | Stored in wallet |
| Freelancer withdraws | 240 KES | 300 MbogaCoin | 20% withdrawal fee deducted |
Key Points to Remember
Stable & Secure
MbogaCoin is stable, secure, and easy to use
Guaranteed Withdrawals
Withdrawals are guaranteed at 1 MbogaCoin = 1 KES, minus 20% fee
Platform Perks
Spending inside KaziMboga may give extra perks or bonuses
Perfect for Freelancing
Ideal for seamless freelancing transactions
Start Using MbogaCoin Today
Faster payments, safer transactions, and more flexibility at your fingertips!