BOSA Products and Services |
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Emergency fees loan a)Suitable for any emergency financial needs. b)Repayable in 12 months. School fees loan a)Assist you to finance your family’s education. b)Repayment period is 12 months. c)Amount qualified is triple amount of shares. Normal Loan a)Repayment period of maximum 36 months. b)Amount qualified is triple amount of shares
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FOSA Products and Services |
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Microfinance Products
The Society in its endeavor to remain relevant to its members needs has introduced Microfinance products and services available at the FOSA department. These highly affordable products will enable your groups and individual members to build themselves financially. For more information please contact the FOSA department.
Salary Advance
Purpose To support all salaried customers meet unexpected basic needs
Benefits
- Available to all account holders receiving a regular income
- Low interest rate charged on amount taken
- Processed the same day
Holiday Account
Purpose Offers a convenient plan to build up and accumulate savings for holidays or giving your family as treat.
Benefits
- Competitive interest rates (Between 2% to 5% depending on the market rate)
- Joint Account and SHG
Purpose Enable people to save together or as groups
Benefits
- Low operating balance
- Competitive charges
- Attractive interest rates
- Easy access to funds through co-op ATM's (coming soon)
- No charge on cash deposits
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