This 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 minimum FOSA Loan is Kshs 150,000 and the maximum is Kshs 300,000. Repayment period 24 months.

FOSA INSTANT Loan qualifications.
1. One must be a member of the SACCO.
2. Salary must be passing through the FOSA and 3 times one’s savings amount loaned
3.  At least 3 Guarantors
4.  Offsetting is always allowed as long as the member qualifies.

Security for FOSA Loan.
1. Salary.
2. Deposits.
3. Guarantors.

Click here to download Instant FOSA loan application form