We are pleased to announce and update all our customers/members that we have revised our interest rates and terms on our BOSA and FOSA loan products, as indicated below :-

1. Emergency Loan (12 months) 

Reduced the interest from 1.5% to 1% per month on reducing balance.

2. Refinance Loan (30 months) 

Reduced the interest from 1.5% to 1.2% per month on reducing balance.

3. Super Loan (72 months) 

Reduced the interest from 1.5% to 1.2% per month on reducing balance.

4. Capitalized Interest on BOSA Loans 

The Society will recover in advance all interest in excess of 1% per month on Refinance Loan, Jitegemee Loan and Super Loan.This translates to 2.69%, 4.67% and 5.35% of amount approved respectively.

5. Chipukizi Loan (48 months) 

Shall be restricted only to members working in the public sector i.e. national & county governments, all government agencies, commissions and parastatals. The product is now accessible to the members regardless of membership period provided it is their first BOSA loan. Other terms remain as before.