Fosa
Special Farm Produce Advance
Special Farm Produce Advance
Characteristics
1.Available for members operating fosa accounts.
2.Interest of 2% per month
3.Repayable in 6 months
4. Transfer fee of Ksh 50
5.Risk Management Fee of 1% subject to a minimum of ksh. 200
6. Form fee of Ksh. 100
7. Maximum 80% of monthly income x 6
Requirements
1.Four(4) guarantors
2. Proceed/payments must be channeled through FOSA
Account for at least 3 months
3. Attach ID copy and a recent payslip
