Features

  • Repayment period: 15months
  • Interest :1.5% per month on reducing balance;1.25% if earning in FOSA
  • Maximum amount: Kshs 80,000.00
  • 1 witness (The Employer)
  • One guarantor(minimum)
  • 30% of the loan to be retained as deposits where deposits are inadequate
  • Check off recovery

Eligibility: One month’s remittance must have been received.

Target: New members