FOSA Loan

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Details: Written by Georgina Winters; Category: FOSA Loan Products; Published: 24 October 2016; Hits: 5699

The product is designed for members who have exhausted their deposits borrowing ability but have capacity to repay through payroll.

Features

Loan is repayable within a maximum of 3 years
Interest rate of 14.5% per year on a reducing balance
Proof of ability to pay through payroll.
Maximum aggregate amount of loan outstanding for all Fosa loans at any one time must not to exceed Ksh.1 Million.

In addition to our wide range of financial products and services, UNSACCO provides loans services to its customers. The information.

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