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Rununu Advance Loan

Product Description

  • This is a credit facility from the government to the youths to provide them with access to capital for business start-ups and existing businesses.
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  •  Available to members whose salaries are processed through their FOSA Salary Accounts.
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  •  Advance repayable in 1 Month

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Savings Account

Product description...

  • For processing Payments like Loans, Dividends, Refunds etc.
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  •  Savings AccountMinimum Operating Balance- KShs. 1.000.00
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  •  Minimum Interest earning balance KShs., 20,000.00 

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Premium loan

  • 29 June 2015 |
  • Published in BOSA

Product Description

  • This is a product loan. It was created to satisfy our members need for extra loan after taking up a Development loan and still need more funds for a project.
  • Loan is available upto 5 (Five) time the savings
  • Payable in 36 Months.
  • Interest rate – 1.25% p.m. on reducing balance.
  • Guarantors required.
  • Maximum you can apply for is 10 Million.

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Refinancing loan

  • 27 June 2015 |
  • Published in BOSA

Product Description

  • This is a Top-Up facility for members onDevelopment Loans and Premium Loans.
  • No Charge on outstanding loan balance.
  • To facilitate Top-Up, member must have paid the current Development Loan for a period of 2 years OR Paid two-thirds of the current Development Loan.
  • Loan requirement as per Development Loans and Premium Loans.
  • This also helps one to consolidate all loans including bank loans.

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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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