FOSA Loan
This is a credit product offered to the Sacco members.
Features and Benefits
- Applicant may have at least ¼ of BOSA deposits.
- One can apply any amount subject to qualification
- One can apply immediately after opening FOSA account.
- However, applicants who have not yet started channeling salary through FOSA must bring a signed MOU from employer.
- Members may use Waumini Sacco Plots with / Without Titles as securities.
- Repayment period is 36 months