Boresha Loan

Boresha Loan


Features

  • › Available to SACCO members who contribute to the Mazao Fund Scheme.
  • › Members must have ability to repay from 2/3 of the pay slip
  • › Loan Term- 36 months
  • › Members contribute towards Mazao Fund scheme in addition to the normal shares.


Benefits

  • › Can be topped up before maturity
  • › Access loan up to 4 times your Mazao Shares
  • › Flexible repayment period


Requirements

  • › Be a Kenyan citizen with a valid National ID or Passport
  • › Latest original pay slip
  • › 2/3 rule applies
  • › For amounts above 100,000 Kshs, salary should be channeled through FOSA