• Maximum amount is KES 5,000,000
    • Interest of 1.15% p.m. on reducing balance
    • Repayment period is 48 months
    • Applicant must have Fosa business account active for at least 6 months
    • Must have class A or B shares or must have Savings account and class A shares
    • The loan is guaranteed by loanee’s deposits and or collateral or guarantors deposits.
    • Must have the ability to service the loan either through salary/standing order.
    • Processing and Insurance fee of 2% of loan value will be charged.
    • Collateral accepted are Motor Vehicle Log Book and land title deed.

Terms and Conditions:

  • Mode of Recovery: Check off or standing order.
  • Fully guaranteed by deposits.
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