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Bosa Products

Transcounties Sacco offer loans to its members in accordance with loan policy and on first come first served creteria.

Varieties of Loans Offered

    Asset Financing Loan
  • Be a member for more than 6 months
  • Have contributed Ksh. 7000/= as share capital
  • Have a minimum share deposit of ksh. 5,000/=
  • Interest rate is 15% upfront
  • Maximum period is 48 months
  • Atleast 3 guarantors are required
  • Copy of National ID for borrower and Guarantors
  • Security Joint Ownership(logbook, title deed)
  • Active FOSA account
  • Target group: All members in need of acquiring assets
  • Max. loan Ksh. 2,500,000
    • Akiba Loan
  • Be a member for more than 6 months
  • Have contributed Ksh. 7000/= as share capital
  • Have a minimum share deposit of ksh. 10,000/=
  • Maximum loan is 3/4 of share deposit savings
  • Interest rate is 15% upfront
  • Maximum period is 12 months
  • No guarantor is reqiured
  • Copy of National ID for borrower
  • Active FOSA account
  • must contribute minimum shares of ksh. 500 per month
  • Target group. Members who take loans within their share deposits savings
    • School Fees Loan
  • Be an active member for more than 6 months
  • Have contributed Ksh. 7000/= as share capital
  • Have a minimum share deposit of ksh. 5,000/=
  • Interest rate is 15% upfront
  • Repayment period is 12 months
  • Atleast 3 guarantors are required
  • Copy of National ID for borrower and Guarantors
  • 75% of amount as Bankers Chq, 25% as cash
  • Fee statement/ structure required
  • Active FOSA account
  • processing time- 3 days
  • Max amount. Ksh 150,000
  • Target group- For Primary and Seconday school students
    Re-Financing / top up Loans
  • Atleast must have paid 50% of the current loan
  • Interest rate is 15% p.a. upfront
  • Repayment period is 24 months
  • Atleast 4 guarantors are required with extra security
  • Copy of National ID for borrower and Guarantors
  • Active FOSA account and ability to pay
  • Top up commission 5%
  • processing time- 1 week
    • College / University Loan
  • Be an active member for more than 6 months
  • Have contributed Ksh. 7000/= as share capital
  • Have a minimum share deposit of ksh. 5,000/=
  • Interest rate is 15% upfront
  • Repayment period is 12 months
  • Atleast 3 guarantors are required
  • Copy of National ID for borrower and Guarantors
  • 75% of amount as Bankers Chq, 25% as cash
  • Fee statement/ structure required
  • Active FOSA account
  • processing time- 3 days
  • Max amount. Ksh 200,000
  • Target group- For Collegeand Univesity school students
    • Kilimo Loan
  • Be an active member for more than 6 months
  • Have contributed Ksh. 7000/= as share capital
  • Have a minimum share deposit of ksh. 5,000/=
  • Interest rate is 15% upfront
  • Repayment period is 12 months
  • Atleast 3 guarantors are required
  • Copy of National ID for borrower and Guarantors
  • Active FOSA account
  • processing time- 1 week
  • Max. Loan amount- Ksh100, 000
  • Target group- Farmers for farm inputs