Kenya Bankers Saving and Credit Co-operative Society recorded 30 years of steady growth on 14TH February 2005. As a mark of achievements made during this period, the Sacco has produced this brochure to update the esteemed members of the various products and services currently available.

This loan enables a member to pay off an outstanding main loan & apply for an enhanced loan equivalent to 3times his/her share to meet an urgent need. The request is evaluated & on approval the member is given a loan through the Front Office at a reasonable fee.
The following rules MUST be observed to qualify for this category of loans: -

• A request for the facility MUST first be submitted in writing and approval given before the loan application is forwarded.
• A request received on or before 10th of the month will be responded to on or before 10th of the following month whether a decline or approval.
• The outstanding loan MUST have been serviced up to atleast 50% of the initial repayment program.
• The outstanding loan MUST be 50% of the loan granted
• A surcharge fee of 10% is levied to members who opt to bring their own funds to clear the outstanding loan upon being allowed to apply for a fresh one. The surcharge is however 5% if the loan is cleared through FOSA loan facility.

Tariffs <click here>