Bidii Loan

Features

  • The loan is repayable within 24months
  • Interest is on reducing balance basis
  • The loan must be fully guaranteed and is pegged on one’s ability to pay.
  • Mainly available for FOSA salary account holders
  • The salary must be channeled through FOSA for at least three months
  • Member should not have a running Jijenge or Super loan
  • The Savings earn a yearly interest rate of 4% per anum
  • Waiting period within 48 hours subject to availability of funds
  • Member must have contributed shares for a period of six months
  • Member must retain 25% after all deductions at Fosa

jijenge
Telepost Sacco Society LTD