Our Products
Credit Products
Emergency Loan
Emergency loans are granted 4 times member’s deposits. They have affordable Interest per month on reducing balance.
Development Loan
Development loans are granted 4 times member’s deposits. They have affordable Interest per month on reducing balance.
Salary Advance
SASA loans are granted to members whose salaries pass through the SACCO. Repayment period is 36 months.
Jipange Loan
Maximum loan to be granted is dictated by ability to repay and subject to the 1/3 rule and 4 times shares/deposits limit.
Ekeza Loan
Ekeza loans are granted 4 times member's deposits. Deduction strictly check off. No maximum loan limit.
Karibu Loan
Issued to only new members joining the Sacco. Deduction strictly check off. Minimum loan is Kshs 30,000.
Special Loan
Special loans are granted 4 times member's deposits. Deduction strictly check off. No maximum loan limit, repayable in 48 months and subject to the 1/3 rule.
Jiinue Loan
Jiinue loan is granted without checking the aspect of member’s deposits multiplier. Deduction strictly check off.
Micro Loan
Interest rate 2% per month flat rate. Repayable in up-to 24 months. Total members loans should not exceed twice the total group savings.
FOSA Instant Loan
This loan is repayable in 12 months. Members' salary income must pass through FOSA. Minimum amount Kshs 30,000 and Maximum amount Kshs 250,000.
FOSA Personal Loan
This loan is repayable in 12 months. Members' salary income must pass through FOSA. Minimum amount Kshs 50,000 and maximum amount Kshs 250,000.
FOSA Sasa Loan
This loan is repayable in 36 months. Members' salary income must pass through FOSA. Minimum amount Kshs 100,000 and Maximum amount Kshs 250,000.
Biashara Loan
Business income must pass through FOSA. No minimum amount. Guaranteed by at least four guarantors.
Guarantor Loan
No interest charges. Deduction based on ability. Deducted at a minimum rate of Ksh. 1000 per month.
Staafu Loan
This loan is strictly for retired members. Pension should be passing through FOSA. Minimum share capital of Ksh. 10,000.
Mobile Loan – Mcenti + (plus)
This loan is strictly for salaried members. Salary must pass through FOSA for at least three (3) months. No loan top-up.
M-CENTI NYUMBANI (Via Mobile Platform)
It’s a mobile loan given to all the active members with non-withdrawable deposits.
DIVIDEND IN ADVANCE/DIVIDEND LOAN (Via Mobile Platform)
Accessible via mobile platforms, active members qualify for up to 60% of their last years dividend and interest on deposits.
