The Asset Financing Loan is designed to help members invest in long-term development projects such as constructing affordable houses or acquiring valuable assets. It provides members with the financial support needed to improve their living standards and build sustainable wealth through responsible borrowing.
This facility offers flexible repayment terms and a favorable interest rate, making it ideal for members focused on property development, asset acquisition, or major investments. It ensures that members can achieve their goals while maintaining financial stability.
Features Include:
❖ Multiply of 4 of BOSA deposits
❖ Capability to repay
❖ Repayable in 60 months
❖ Competitive Interest rate on reducing basis
❖ 2/3 rule is applicable in loaning
❖ Photo copy of ID
❖ Two passport photographs
❖ Two pay slips
❖ Copy of KRA pin
❖ To have five guarantors
