Bosa Products

BOSA PRODUCTS

Normal Loan


Maximum is three times member’s deposits subject to entitlement
Repayment period is within 36 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

Pikipiki Loan


Maximum of Ksh 400, 000 subject to entitlement
Repayment period is within 24 months
3 times deposits
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
Members must have repaid initial loan for at least 25%of the period
Repayment period is 60 months
Total amount must not exceed 4 times member’s deposits
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
2⁄3 rule applies

School Fees Loan


Maximum of Ksh.100, 000 subject to entitlement
Repayment period is 10 months within a calendar year
Disbursed in December, January and February
2⁄3 rule applies

Emergency Loan


Maximum of Ksh.40, 000 subject to entitlement
Repayment period is within 10 months
2⁄3 rule applies

Instant Loan


Maximum of Ksh.50, 000 subject to entitlement
Repayment period is within 4 months
2⁄3 rule applies

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


Suitable 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
The loan form plus proof of employment and ID copy accompany the application for membership form
The Sacco admits one into membership and allocates a member number which is filled in the loan form
Maximum of Ksh.30, 000 subject to one’s ability to repay
Repayment period is within 4 months