Products and Loans

Salary Advance Loan

Salary Advance is a credit facility available to SACCO members whose salary passes through the FOSA and it is given on demand. It is paid through the salary by recovering from the FOSA account when the salary is processed. It can also be paid through cash if the customer wishes or if the salary fails. The maximum is Kshs 30,000 payable in 6 months.

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Salary advance loan

Salary advance qualifications
  1. One must be a member of the SACCO.
  2. Salary must be passing through the FOSA.
  3. At least 2 Guarantors.
  4. Offsetting is always allowed as long as the member qualifies.
Security for salary advance.
  1. Salary
  2. Deposits
  3. Guarantors

Click here to download Salary Advance Loan

Featured News

Suluhu Sacco introduces salary advance loan

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Suluhu Sacco introduces salary advance loan

Lorem ipsum dolor sit amet, consectetur adipiscing elit sed do eiusmod tem incididunt ut labore et dolore magna aliquat enim minim veniam quis nostr exercitation labore et dolore magna aliquat

Suluhu Sacco introduces salary advance loan

Lorem ipsum dolor sit amet, consectetur adipiscing elit sed do eiusmod tem incididunt ut labore et dolore magna aliquat enim minim veniam quis nostr exercitation labore et dolore magna aliquat