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Business Loan

Product description

Sacco Members should own businesses. This Facility intends to encourage members to own business either as groups or as individuals

Product Features

  • Loan issued 5 times savings. Savings locked as collateral
  • Payable in 24 months
  • Interest @ 1.5% pm on reducing balance
  • Collaterals Include, Guarantors, Title deed, log book accepted
  • Available to Individuals, Chama’s, Corporates with FOSA Account
  • Proof of availability to repay
  • Administration fees apply where collateral is used.
  • Financing LPO’S, Bid Bonds and Business ventures
  • Limit: 50,000 to Ksh 3 million
  • Terms and Conditions apply
  • Disbursed within an hour of application

Last modified on Tuesday, 20 March 2018 03:00
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Our Vision and Mission

To be the financial services partner of choice

 

We transform our members’ lives through provision of affordable, innovative and accessible financial services

Our Location

We have two offices in Nairobi:

Main Office, Westlands Safaricom Care Centre (SCC) First Floor.

JCC Office, Mombasa Road, Sarin Park (JCC) Ground Floor

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