The Loan Item facility is designed to help members improve their living standards by purchasing essential household items through the SACCO. Instead of paying the full amount upfront, members can conveniently repay the cost over an agreed period, making it easier to access quality products for their homes.

This loan gives members access to approved suppliers and allows flexible repayment terms, ensuring affordability and convenience. It is ideal for members who wish to furnish or upgrade their homes without financial strain.

Features Include:

❖ Available limit is 50% of net pay
❖ One must have an active 3 months salaries/proceeds in FOSA
❖ Repayment period is within ten months
❖ Available immediately upon application
❖ Competitive Interest rate
❖ Interest repayment in the first instalments
❖ One must accepted have chosen a product
❖ The product must be from approved supplies of the Sacco
❖ Copy of KRA pin
❖ One must attach national ID and pay slip
❖ Passport size photograph
❖ To have three guarantors