Fosa personal Loan

•    Maximum amount is pegged on a members ability to pay
•    Not pegged on shares deposits
•    Interest rate of 1.25% per month on a reducing balance
•    Maximum repayment period of 36 months
•    Security options: Guarantors’ deposits, member deposits, Fixed deposits, Property
•    Quick Processing period: Up to 4 days
•    1% once-off processing fee
•    1.5% once-off insurance

Fosa Plus Loan

Features
•    Maximum loan amount: Kshs. 1, 500, 000
•    Interest rate of 1.5% per month on a reducing balance
•    Maximum repayment period of 36 months
•    Security options: Guarantors’ deposits, member deposits, Fixed deposits, Property
•    Quick Processing period: Up to 4 days
•    1% once-off processing fee
•    1% once-off insurance fee
•    Membership spanning at least 6 months and evidence of ability to pay

Fosa Savings Account

• Open a joint or group account with Maisha bora that will earn 3% interest on balances
• No limited withdrawals

Fosa Current Account

Features
•    Monthly deposits are not restricted
•    No maximum limit on savings
•    Can be used to secure FOSA loans
•    Earns attractive annual returns of up to 3%
•    Personal cheque books are available for this account
•    Unlimited withdrawals
•    Member can withdraw using ATM card

Fosa Individual/Group/Joint Savings Account

Features
•    Monthly deposits are not restricted
•    No maximum limit on savings
•    Gives access to FOSA loan
•    Earns attractive annual returns of up to 3% 
•    Personal cheque book available
•    Unlimited withdrawals

Shamba Loan

Feature

·         The loan is to finance Maisha Bora Ventures projects for willing and qualifying applicants

·         Maximum financing of 90% with the buyer raising 10%

·         Annual interest rate of 15% reducing balance

·         Loan not pegged on deposits

·         Applicants to be appraised through the normal process

·         Collateral to be the plot being purchased

·         Loan period- 5 years