BOSA – Back Office Savings account is specifically for members who join to be part of the Sacco. The Savings are non-withdrawable, its withdrawn only when a member leaves the Sacco.
Requrements
Registration Fees KSH. 1600/=.
Loan eligibility; Save up to 6 months consistently to secure a loan.
Minimum monthly contribution KSH. 1000/=
Loan securities; Title Deed, Guarantors, Savings & Logbook(Exceptions Insured Businesses.)
Refunds after 60 days .
Loan Types
Normal Loan.
Emergency Loan.
School Fees Loan.
Special Normal Loan.
SACCO SHARES.
Sacco shares cost KSH. 20 per share.
Members enjoy dividends.
Shares are transferable.
Shares purchase is free and open to even non-members.