Bidii Loan

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