BOSA Loan product
- Processed 4 times a member’s total deposits, subject to ability
- Repayable within 48 months
- A minimum of 2 guarantors
- Interest rate of 9.75% per annum
- Minimum loan amount: Ksh. 50,000
- Maximum loan amount: Ksh 10 million
- Processed 4 times on members deposit subject to ability to repay
- Repayable within 72 months
- A minimum of 3 guarantors
- Interest rate: 9.75% per annum
- Minimum Loan amount: Ksh. 90,000
- Maximum Loan amount: Ksh. 10,000
- This is available for short term school fees.
- Processed 4 times on members deposit subject to ability to repay
- Repayable within 12 months
- A minimum of 2 guarantors
- Interest rate: 15% per annum
- Minimum loan amount: Ksh.5000
- Maximum loan amount: Ksh.1 million
- Available for continuing or new college students.
- Members who wish to pay for an education loan for more than 10 months- up to 20 months can go for this product.
- Processed 4 times on members deposit subject to ability to repay
- A minimum of 2 guarantors
- Minimum amount: Ksh. 50,000
- Maximum amount: Ksh. 1 million
- Interest rate of 1.5% per month
- For urgent needs e.g medication, nurial etc..
- Loans processed within 2 hours.
- Repayable within 12 months and maximum amount is Ksh. 150,000
- Processed 4 times on members deposit subject to ability to repay
- A minimum of 2 guarantors
- Interest rate : 15% per annum
- For members with immediate and urgent funding who will already be servicing an emergency loan.
- Maximum loan amount is Ksh. 200,000 and minimum is Ksh.5000 Repayable within 12 months
- Processed 4 times on members deposit subject to ability to repay
- A minimum of 2 guarantors
- Interest rate of 1.25% on Straight Line
- Processed within 2 hours
- Flexible for new members who need immediate funding and to boost their deposits.
- 1/3 of the loan amount is transferred to own deposits account.
- A show of a first check-off deposit contribution to reflect in the pay slip.
- Repayable up to 36 months.
- A minimum of 2 guarantors
- Interest rate of 9.75% per annum
- Minimum loan amount is Ksh. 50,000 and Maximum is Ksh 1 million
- Maximum period is 84 Months
- Contribute 10% of basic salary as deposits or Ksh. 4000 per month
- Member should be earning in FOSA at the time of application
- Very low interest of 1% on Reducing Flat
- A minimum of 3 guarantors required
- Minimum loan amount: 200,000
- Maximum loan amount: as per ability to repay
- The product is for checkoff members
- Deposit purchase: Those with limited deposit multiplier can use up to 25% of the approved amount to top up. A commission of 5% will be levied on the top up amount