Micro Finance Loan

To join this facility one must have the following requirements;

• I.D Card photocopy
• Two passports
• Registration Fees of Ksh. 500
• Minimum Account balance of Ksh. 1,000
• Administration Fees of Ksh. 250
• Group registrration certificate for group account

Loan Application Requirements

• To qualify for this product, one must be an account holder with the FOSA for at least a period of 3 months
• Must have an active BOSA and FOSA saving activities for a period of three months
• Loan repayment period of upto 12 months
• Loan 3 times the members share deposit savings
• Members ability to repay must be accessed prior to loan award
• Business registration certificate must also be submitted during the application process
• The loan must fully be guaranteed