Long term salary loan advanced to permanent and pensionable employees whose salary has been processed through the FOSA account in centenary Sacco for minimum 3 months.




  • Maximum loan granted is kshs1,000,000

  • Maximum repayment period is 60 months

  • Loan interest rate of 1.5 per month on a reducing balance

  • Loan appraisal fee of 1%

  • Loan form fee of 200

  • Affidavit of 200

  • Crb referencing of kshs 200

  • Loan security is guarantors, employment benefits and other accepted member assets.

  • 2/3 rule must be maintained

Go to top