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Loan Products

Mobile Loans

Ksh 300,000 Loan Limit
6 Months Repayment Period
7% Interest (Monthly)
Eligibility is Immediate as long as a member has deposits in the Deposit account
Loan top-up granted at 2.5% on loan balance
80% of net salary graduated to loan limit of Ksh.500,000
One off interest rate of 6% charged upfront
Repayable in 4 months
Available to all members who channel their pay via FOSA
Salary acts as security
Salary must have passed through FOSA for at least 3 months

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