An advance through the phone to finance budget deficit/discreet personal needs. Available for those earning their salary through our Fosa
Minimum amount 1,000/=
Maximum amount 100,000/=
The loan amount will be determined as follows;
- Maximum credit will be up to 50% of the total non-withdrawable Bosa Savings
- Maximum eligibility for salary earners will be = (75% of net salary) x (repayment period)
- System works out and communicates the maximum amount to qualify
After the initial award the maximum amount will be incremented by 10,000/- at the end of every successful repayment to clearance until the member reaches the maximum loan amount.
Applications are only through the mobile phones.