Corporate Loan
Funding Your Goals, Fueling Your Success.
Corporate Loan
Features
- Access financing 6 times total savings.
- Interest rate is 13% per annum on reducing balance.
- Repayment period of up to 120 months.
- Provide 6 months bank statement.
- Processing fee of 1% of the amount qualified up to an amount not exceeding Kshs 500,000.
- Lending value is 70% of the open market value for urban land and 60% for rural land as per valuation report by the Society’s Valuer.
- 1% insurance charge on the loan facility
Benefits of Joining
- Quick salary/payroll processing.
- Quick loan processing and disbursements
- Affordable and competitive interest rates for loan products.
- Savings period of 6 months.
- Flexible and longer repayment period of 10 years.
Securities/Collateral used for Institution Loans
- Savings in FOSA
- Share Certificates at Nairobi Stock Exchange (NSE)
- Log books.
- Title deeds
- Fixed deposits with guarantee from the Institution.
Start Your Journey Today!
Why settle for ordinary? Become a member and enjoy priority access, special offers, and a world of possibilities.
Register TodayFeatures
- Interest of 1.042% pm on reducing balance
- Loan given 5 times cumulative group savings
- The loan repayment period is 5 years
- Member deposits or acceptable securities to secure a loan.
Start Your Journey Today!
Why settle for ordinary? Become a member and enjoy priority access, special offers, and a world of possibilities.
Register Today