The purpose is to enhance members borrowing beyond the 2/3 rule applicable in BOSA by providing funds for productive purposes using salaries as security for loan.
Features:
- Members must be channeling their salary through the SACCO for I months
- Members must have saved with the SACCO for at least 2 months
- Competitive Interest Rates
- Maximum repayment period is 24 months
The loan is Processed within 24 hours