This is the pioneer department of the Sacco. Members save and borrow both short and long term loans at affordable interest rates.
BOSO - CREDIT PRODUCTS
Development Loan
- Guarantors/collateral
- Three times a member's deposits
- Up to 36 months repayment
- Interests rate 1.33% p.m on reducing balance Loan limit of Kshs. 1 M
Premium Loan
- Guarantors/collateral
- Three times a member's deposits
- Up to 48 months repayment
- Interests rate 1.42% p.m on reducing balance Loan limit of Kshs. 2M
Super Loan
- Guarantors/collateral
- Three times a member's deposits
- Up to 60 months repayment
- Interests rate 1.5% p.m on reducing balance
- Loan limit of Kshs. 3M
Emergency Loan
- 12 months repayment
- Three times a member's deposit
- Loan limit of Kshs. 100,000/=
- Guarantors/collateral
- Interest of 1.25%p.m on reducing balance
School Fee Loan
- 12 months repayment
- Three times a member's deposit
- Guarantors/collateral
- Attach Fee structure
- Interest of 1.25% p.m on reducing balance
Asset Finance Loan
- 36 months repayment
- Three times a member's deposits
- Guarantors/collateral
- Attach invoice from supplier.
- Interest of 1.33% p.m on reducing balance
