MICRO-CREDIT PRODUCTS
- 1st Loan upto 12 Months
- 2nd loan upto 36 Months
- Available for SME’ s who save Ksh. 4,000 monthly
- Interest rate of 1.5% straight-line
- Available for registered boda boda groups.
- Group must have account in FOSA together with all its members.
- All members must guarantee the loan
- Interest rate of 1.5% straightline
- 20 Months Max
- An education loan for the business community.
- Interest rate of 2% straightline
- Upto 4X Micro Credit Premiums subject to ability to repay
- 10 Months Max
- For unpredictable situations like sickness, funeral etc
- Interest rate of 2% straightline
- Upto 4X Micro Credit Premiums subject to ability to repay
- 10 Months Max
- Upto 3 times member's bakisha deposits
- Savings go alongside loan repayment
- Interest rate of 10% reducing
- 1 Month