Okoa Cash

• Affordable credits to support a member.
• A maximum of KES 30,000.

• The amount is repayable in two months

• Interest is charged upfront 

• Accessible mobile phone app or USSD *515#

Salary in Advance

• - Maximum amount to be advanced capped at 300,000

• - Maximum repayment period of 9 Months

• - The FOSA account should be active with salary processed for at least 3 months

• - Instant automated disbursement

• - Accessed using mobile app or USSD code *515#

• - Top up not available for this product

Salary Advance

• Maximum repayment period of 1 month

• The FOSA account should be active with salary processed at least 1 month

• Instant automated disbursement

• Accessed via mobile app or USSD code *515#

• Top up not available for this product

Karibu Loan

• Eligible to all new members

• Interest is 1% per month.

• Maximum loan amount is KShs100,000

• 1/3rd of the loan amount applied will be used to boost shares

• Maximum repayment period 12 months

Elimu Loan

• Credit facility to assist a member pay school fees in various learning institutions

• Repayment period of 12 months

• Interest rate per month 1.0% on reducing balance

• Product features

• Maximum amount Kshs. 150,000.00

• Loan Application & Processing Fee 1%

• Disbursement of funds to the respective education institution at a fee of Kshs 100.00

Sharia Emergrncy Loan

• Maximum loan amount KShs100,000

• Maximum repayment period 12 Months

• Zero interest and zero processing fee is charged on this loan

• Monthly account maintenance fees of Kshs. 1000 (will be reviewed annually)

• Members who apply for this loan are not eligible to get dividends and interest on deposit

• Members to wait for at least 6 months before borrowing, with no share boosting

Pension Advance Loan

• Credit facility designed to support Veteran’s unique financial needs

• This service will be available to veterans who have subscribed.

• It is meant to guarantee veterans of regular and steady cash flow during retirement.

• 90% of the veteran’s monthly pension remittances is credited to their current account on the date of processing salaries.

• A member will only qualify for two disbursements before repayment, with a maximum amount capped at 75% of back-office deposits.

Emergency Loan

• Credit facility to assist a member meet urgent financial obligations

• Repayment period of 12 months

• Interest rate per month 1.0% on reducing balance

• Product features

• Maximum amount Kshs. 100,000.00

• Loan Application & Processing Fee 1%