AEA Plaza, Valley Road
+254 709 136 000
Mon - Fri 08.00 - 05.00

This facility enables salary account holders to access long-term loans, repayable over a longer period of time.

Product Features

  • Flexible repayment periods of up-to 60 months
  • Interest rate- 18%p.a on reducing balance
  • Based on 80% of members’ net pay
  • Payable through FOSA salary accounts.
  • The Loan shall be secured by members' deposits, guarantors and other Sacco accepted securities
  • The member signs irrevocable instructions to have their salary pass through FOSA
  • Salary should have passed through FOSA for at least 3 months before applying for the loan.
  • Disbursed same day of application
  • Terms and Conditions apply

Our Mission

To empower members economically by providing quality financial services through prudent mobilization of resources and excellent customer care.

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