Members can qualify to apply for loan after regular contribution for 3 months (Except for settlement loan).
A member fills the loan application form provided and attaches the required documents i.e. letter of contract, certified pay slip, national ID/Passport.
The Form is presented to the Sacco for processing.
Once processed, the funds are deposited in the member's FOSA account from where he/she can transact or issue further instructions.
Qualification of the loan will be based on a members deposits, ability to repay and security/ guarantors provided.