BOSA PRODUCTS
Normal Loan
Maximum is three times member’s deposits subject to entitlement
Repayment period is within 36 months
School Fees Loan
Maximum of Ksh.100, 000 subject to entitlement
Repayment period is 10 months within a calendar year
Instant Loan
Maximum of Ksh.50, 000 subject to entitlement
Repayment period is within 4 months
2⁄3 rule applies
Development Loan
Maximum loan is four times member’s deposits
Repayment period is within 48 months
2⁄3 rule applies
College Fees Loan
Maximum of Ksh.150, 000 subject to entitlement
Repayment period is within 12 months
Subject to availability of funds
Instant Plus Loan
Maximum of Ksh.100, 000 subject to ability to repay
Repayment period is within 5 months
2⁄3 rule applies
Passage and Baggage Loan
uitable for new members of the Sacco, newly employed to help them settle
Also available for old members who are relocation to new premises
For newly employed, one must become a member first by filling an application for membership form
Pikipiki Loan
Maximum of Ksh 400, 000 subject to entitlement
Repayment period is within 24 months
3 times deposits
Emergency Loan
Maximum of Ksh.40, 000 subject to entitlement
Repayment period is within 10 months
2⁄3 rule applies
Maliza Mradi
Is a reference to enable members complete their projects that are in progress
Done on Normal, Development and Pikipiki loans