Kenya Highlands Sacco

Fosa

Crop Advance

Crop Advance

Crop Advance

Characteristics

1.Available only for member who meet

requirements

2.Interest of 5% p.m for an amount above Ksh.

5000

3.Repayable in 1 month(one installment)

4.Available for members with fosa accounts

5. Available to members who want to pay

salaries to employees/farmers .100% utilized

internally.

6.Form fee of Ksh. 50

7.Maximum 80% of income

8. Maximum limit 10 million

Requirements

  1. Maximum six(6) guarantors
  2. Crop proceeds must be channelled through FOSA Account for at least 3 months
  3. Dully filled application form

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