Quick Fix

  • Must have a Fosa Account
  • Given to all members of the Sacco
  • Maximum Loan limit is 5,000
  • Pegged on members
  • Repayable using Interest paid upfront interest rate at 5%
  • If not paid the money is recovered in the deposit and customer blocked for 3months until they pay the amount recovered from deposits
  • Cannot qualify if servicing a Cash Advance loan.
Felix ChirchirQuick Fix