Fosa
Salary Advance
Salary Advance
Characteristics
1.Available only for salaried employees
2.Interest of 5% p.m
3.Repayable in 1 month(one installment)
4.Available for members operating fosa
accounts
5.Form fee of Ksh. 50
6.Maximum 2/3 of income
Requirements
1. Maximum Six (6) guarantors
2.Salary must be channeled through FOSA Account for at least 3 months
3.Dully filled application form
